Karachi, The Board of Directors of Safe Mix Concrete Limited convened a meeting on September 15, 2023, at the Arif Habib Center, where they reviewed the company's performance and recommended the following actions:

1. Cash Dividend: NIL

2. Bonus Shares: NIL

3. Right Shares: NIL

4. Any Other Entitlement/Corporate Action: NIL

5. Any Other Price-Sensitive Information: NIL

The financial results of the company for the fiscal year ended June 30, 2023, were also disclosed. The key financial figures include a net revenue of PKR 1,432,034,758 and a gross profit of PKR 321,276,000. After accounting for administrative expenses, selling and distribution expenses, and other income and expenses, the company reported an operating profit of PKR 273,629,604.

Finance costs, taxation, and other factors led to a profit after taxation of PKR 133,370,457 for the year.

The company's earnings per share (EPS), both basic and diluted, stood at 5.33 rupees.

Safe Mix Concrete Limited's Annual General Meeting is scheduled to take place on October 16, 2023, at the Stock Exchange Building, Stock Exchange Road, Karachi. The Share Transfer Books of the company will remain closed from October 9, 2023, to October 16, 2023, inclusive.

Investors and stakeholders will have access to the Annual Report of the company, which will be transmitted through PUCARS at least 21 days prior to the Annual General Meeting. Shareholders are encouraged to attend the meeting to gain deeper insights into the company's financial performance and future plans.

Please note that the above information is based on the data provided by Safe Mix Concrete Limited as of the date of the announcement. Shareholders and interested parties are advised to refer to official documents and announcements from the company for the most accurate and up-to-date information.