Karachi, Panther Tyres Limited informed Pakistan Stock Exchange that the progress report is being submitted in compliance with clause 16 of post-issue reporting and discourse of the “Public Offering Regulations, 2017” and in pursuance of the requirement specified in clause 4.1.10 of the prospectus to the issue of the company.
Panther Tyres Limited is in the tyres and tubes industry of Pakistan. Apart from its main business, the Company has also ventured into trading business of automobile spare parts and lubricants.
The total numbers of shares are 140,000,000. The Earnings per share is 7.06 in 2021 which was 2.50 in 2020. The Profit after taxation is 851,262,000 in 2021 which was 251,827,000 in 2020.