Transaction of 307,980 shares of Descon Oxychem Limited

Karachi, Descon Oxychem Limited informed Pakistan Stock Exchange about transaction of shares of the company. 307,980 shares @ Rs. 0.00 per share were gift-out from the market on December 29, 2022.

The company was incorporated in Pakistan as a private limited company on November 12, 2004. It is principally engaged in the manufacture, procurement and sale of hydrogen peroxide and allied products. They supply customized chemicals for textiles, food and beverage safety as well as other industrial and consumer sectors.

The total numbers of shares are 175,031,084. The Earnings per share is 3.42 in 2020 which was 3.87 in 2019. The Profit after Taxation is 418,423,000 in 2020 which was 394,269,000 in 2019.