Resolution passed in annual general meeting of Leiner Pak Gelatine Limited

General

Karachi, Leiner Pak Gelatine Limited informed Pakistan Stock Exchange that the resolution passed in annual general meeting of the company held on October 28, 2022 at Sheikhupura.

“Resolved that the Annual Audited Accounts of the company for the year ended June 30, 2022 together with the Reports of the Independent Auditors, Chairman and Director’s review reports thereon be and are hereby approved and adopted.”

Leiner Pak Gelatine Limited Leiner Pak Gelatine Limited was incorporated in Pakistan on 14 February 1983 as a public limited Company. The principal activity of the Company is manufacturing and sale of gelatine and di-calcium phosphate etc., produced from animal bones. The company was established in collaboration with P. Leiner & Sons Great Britain Ltd. This was the first project to produce “HALAL” Gelatine throughout the Muslim world with the capacity of 3000 M.Ton annually.

Besides the production of Gelatine , Di-calcium phosphate as bye product of the process is also catering the poultry feed producing industry.

The Total numbers of shares are 7,500,000. The Earnings per share is 0.26 in 2020 which was 0.34 in 2019. The Profit after Taxation in 2020 is 1,928,000 which was 2,537,000.