Category: Board Meetings

Karachi, Service Industries Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on December 30, 2022 at Lahore to consider the agenda other than financial results.

Further, the company has declared the closed period from December 23, 2022 to December 30, 2022.

Service Industries Limited was incorporated on 20 March 1957 in Pakistan. The principal activities of the Company are purchase, manufacture and sale of footwear, tyres and tubes and technical rubber products. The factories are situated in Gujrat and one in Sheikhupura Road, Muridke

The total number of shares the company has introduced so far are 46,987,500. Their Earnings per shares in 2020 is 29.37 which was 37.73 in 2019. The Profit After Taxation in 2020 is 690,024,000 which was 886,364,000 in 2019.

Karachi, Mitchell’s Fruit Farms Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on December 29, 2022 at Lahore. The agenda of the meeting will to consider the Quarterly Accounts for the period ended September 30, 2022.

Further, the company has declared the closed period from December 23, 2022 to December 29, 2022.

Mitchell’s Fruit Farms Limited was incorporated in Pakistan. It is principally engaged in the manufacture and sale of various farm and confectionery products. The Company was incorporated in 1933 and given the name Indian Mildura Fruit Farms Ltd, a small-scale operation for the processing of citrus fruit into concentrated soft drinks (squashes) and preserves.

After independence, in1948, the company’s name was changed from Indian Mildura Fruit Farms to Mitchell’s Fruit Farms Ltd and the brand name “MITCHELL’S” became the exclusive property of the Pakistani company.

The total number of shares of the Company is 22,875,000. The Earnings per shares of the Company is (7.04) in 2020 which was (10.16) in 2019. The Company had a loss of Rs. 55,445,000 in 2020 which was 80,006,000 in 2019.

Karachi, Bank of Khyber informed Pakistan Stock Exchange that board of directors meeting of the company will be held on December 23, 2022 at Peshawar. The agenda of the meeting will to consider the Quarterly Accounts for the period ended June 30, 2022 for declaration of any entitlement has been rescheduled on December 29, 2022.

Further, the company has declared the closed period from December 12, 2022 to December 29, 2022.

The Bank of Khyber was established 1991 through an Act passed by the Provincial Legislative Assembly. The principal business of the Bank is commercial banking and related services. The Bank acquired the status of a scheduled bank in 1994.

The bank has been associated with business and commercial circles and has been engaged in catering to the financial needs of all sectors. They are also involved in extending funded and non-funded facilities to its customers for various business needs. They have 179 branches across the country.

The total shares of the Bank are quoted on Pakistan Stock Exchange i.e: 1,050,389,726. The Earnings per shares in 2020 is 2.15 which was 1.31 in 2019. The Profit after Taxation of the company is 2,151,783,000 in 2020 which was 1,306,039,000 in 2019.

Karachi, Mehran Sugar Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on December 29, 2022 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended September 30, 2022.

Further, the company has declared the closed period from December 22, 2022 to December 29, 2022.

Mehran Sugar Mills Limited was incorporated in Pakistan as a public limited company in December 1965. The Company is principally engaged in the manufacturing and sale of sugar and its by-products.

Mehran Sugar Mills Limited is engaged in manufacturing and marketing of white refined cane sugar and brown sugar while utilizing its by-products such as Molasses and Baggasse to produce ethanol and power respectively.

The total numbers of shares are 48,927,572. The Earnings per share is 1.01 in 2020 which was 8.67 in 2019. The Profit after Taxation is 47,027,000 in 2020 which was 403,834,000 in 2019.

Karachi, Sui Southern Gas Company informed Pakistan Stock Exchange that board of directors meeting of the company will be held on December 24, 2022 at Lahore to consider the agenda other than financial results.

Sui Southern Gas Company Limited’s main activity is transmission and distribution of natural gas in Sindh and Baluchistan. The Company is also engaged in certain activities related to the gas business including the manufacturing and sale of gas meters and construction contracts for laying of pipelines.

The total number of shares are 880,916,400. The Earnings per share is (20.88) in 2019 which was (16.86) in 2018. The Company had a loss of Rs. 18,394,768,000 in 2019 which was 14,848,208,000 in 2018.

Karachi, Quetta Textile Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on December 31, 2022 at Karachi to consider the matters relating to election of Directors.

Further, the company has declared the closed period from December 25, 2022 to January 01, 2023.

Quetta Textile Mills Limited was incorporated in Pakistan as a Public limited Company on January 29, 1970. The company is principally engaged in manufacturing and sale of Yarn and Fabric.

The total numbers of shares are 13,000,000. The Earnings per share is (54.93) in 2020 which was (28.38) in 2019. The Company had a loss of Rs. 714,070,000 in 2020 which was 368,904,000 in 2019.

Karachi, Askari General Insurance Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on December 29, 2022 at Rawalpindi to consider the Budgeted Financial Statement for the year ending December 31, 2022.

Further, the company has declared the closed period from December 23, 2022 to December 29, 2022.

Askari General Insurance Company Limited was incorporated in 1995. It is a Public Limited Company, registered and supervised by Securities and Exchange Commission of Pakistan. The shares of the company are quoted on Pakistan Stock Exchange with the symbol “AGIC” used for the shares of the company.

The Company is engaged in non-life insurance business comprising of fire, marine, motor, health, miscellaneous, and has a subsidiary of Army Welfare Trust.

The total number of shares company has issued so far are 71,901,898. Earning Per Share is 5.50 in 2020 which was 5.03 in 2019. The Net Profit Margin percentage has increased in 2020 and is 21.24% which was 17.95 % in 2019.

Karachi, Atlas Insurance Limited informed Pakistan Stock Exchange that board of directors meeting of the company held on December 22, 2022 through video link. The agenda of the meeting to consider and approve the annual budget of the company for the year ending December 31, 2023.

Atlas Insurance Limited was incorporated as a public limited company on September 06, 1934. The Company is a subsidiary of Shirazi Investments Private Limited. The Company was granted license to work as Window Takaful Operator (WTO) by the Securities and Exchange Commission of Pakistan (SECP) under Takaful Rules, 2012 to carry on Window Takaful Operations in Pakistan.

The Company is engaged in general insurance business. The Principal activity of the Company is to provide PTF policy, Fire, Marine, Motor Cycle Accident, Liabilities of Product and Public, Health, Travel and Miscellaneous.

The total shares company has issued are 84,895,279. The Earnings per shares of the Company is 7.60 in 2020 which was 7.34 in 2019. The Company got Profit after Taxation of Rs. 645,427,000 in 2020 which was Rs. 623,256,000 in 2019.