Re-appointment of Chief Executive Officer of K-Electric Limited

Karachi, K-Electric Limited informed Pakistan Stock Exchange that Mr. Moonis Abdullah Alvi has been re-appointed as Chief Executive Officer of the company with effect from July 30, 2022.

K-Electric Limited was incorporated as a limited liability company on September 13, 1913. The company is engaged in the business of generation, transmission and distribution of electric energy to industrial and other consumers.

The total number of shares of the Company is 27,615,194,245,000. The Earnings per shares are (0.11) in 2020 which was 0.63 in 2019. The Profit after Taxation is (2,959,211,000) in 2020 which was 17,273,617,000 in 2019.