Karachi, Dandot Cement Company Limited informed Pakistan Stock Exchange that the resolution passed by the shareholders of the company in their Annual General Meeting held on November 25, 2022 at Lahore.
Resolved that to confirm the minutes of Annual General Meeting held on December 27, 2021.
Further Resolved that the Audited Financial statements for the year ended on June 30, 2021 together with the Auditor’s and Director’s Report thereon, be and are hereby considered and adopted.
Dandot cement Company Limited is a public limited company, was incorporated in Pakistan, on 1980. The company started its production on March 01, 1983 and has been engaged in production and marketing of cement.
Dandot Cement Plant was installed in 1982 by State Cement Corporation of Pakistan. The plant was supplied and erected by Mitsubishi Heavy Industries (MHI) Japan. The kiln was designed for a rated capacity of 1,000 M.Ton of clinker per day. The company is a subsidiary of Calicom Industries (Pvt.) Limited.
The total number of shares of the Company are 94,840,000. The Earnings per shares of the company is (7.33) in 2020 which was 6.59 in 2019. The Profit After Taxation in 2020 is (695,056,000) which was 624,545,000 in 2019.