Resolution passed in annual general meeting of Pak Datacom Limited

Karachi, Pak Datacom Limited informed Pakistan Stock Exchange about the resolution passed in annual general meeting of the company held on October 20, 2022 at Islamabad.

“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.”

“Pak Datacom Limited was incorporated in Pakistan on July 13, 1992 as a private limited company. The Company commenced its commercial activities from July 1, 1994 and is principally engaged in setting up, operating and maintaining a network of data communication and serving the needs of the customers. The Company is a subsidiary of Telecom Foundation, Pakistan.

The total numbers of shares are 10,781,100. The Earnings per share is 0.76 in 2020 which was 14.59 in 2019. The Profit after Taxation of the Company is 7,413,000 in 2020 which was 143,018,000 in 2019.”