Treet Battery Limited Reports Annual Financial Results, No Dividends Declared

Lahore: Treet Battery Limited announced its financial results for the year ended 30 June 2024 following a board meeting held at the company's headquarters in Lahore on 27 September 2024. The Board of Directors has decided against declaring any cash dividends, bonus shares, right shares, or other entitlements for the fiscal year.

During the meeting at 72-B, Quaid-e-Azam Industrial Estate, Kot Lakhpat, Lahore, the board considered and approved the audited financial statements for the year. According to information available from the Pakistan Stock Exchange (PSX), this decision reflects the company’s strategy under the current economic conditions.

The financial performance details for the year, although not disclosed in specifics in this announcement, have been attached as Annexure - A for review by the shareholders.

Furthermore, Treet Battery Limited has scheduled its Annual General Meeting (AGM) for shareholders on Monday, 28 October 2024, in Lahore. The AGM will likely address the company’s future direction and shareholder concerns given the absence of dividends and other financial benefits this year.