Material Information of Pioneer Cement Limited

Karachi, Pioneer Cement Limited informed Pakistan Stock Exchange that the sad demise of Mr. Rafique Dawood, Director of the company on August 19, 2022.

Pioneer Cement Limited was incorporated in Pakistan as a public company limited by shares on February 09, 1986. The principal activity of the Company is manufacturing and sale of cement.

The plant is located at Chenki, District Khusshab, in the heart of Punjab Province, 250 km away from Lahore and 120km away from Motorway (M2).

The total numbers of shares are 227,148,793. The Earnings per share is (0.92) in 2020 which was 3.48 in 2019. The Profit after Taxation in 2020 is (209,622,000) which was 790,377,000 in 2019.