Unusual Movement in Price or Volume of Matco Foods Limited

Karachi, Matco Foods Limited informed Pakistan Stock Exchange that the price or volume of the Company’s shares have experienced substantial increase during the last three months and also requested the Company to clarify.

Matco Foods Limited was incorporated as a private limited company. The principal activity of the Company is to carry out the business of processing, export of rice, rice glucose, rice protein and trade of biscuits, pink salt, bran oil, masala and kheer.

The total numbers of shares are 122,400,698. The Earnings per share is 1.24 in 2020 which was 3.38 in 2019. The Profit after taxation of the Company is 151,928,000 in 2020 which was 413,836,000 in 2019.