Karachi, Dewan Cement Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on February 25, 2023 at Karachi. The agenda of the meeting shall be consideration of quarterly accounts for the period ended December 31, 2022.

Further, the closed period of the company shall be from February 17, 2023 to February 25, 2023 (both days inclusive).

“Dewan Cement Limited was incorporated in Pakistan as a public limited company in March, 1980. The principal activity of the company is to manufacture and sell cement. The Company is an ISO 9001:2008 certified company which has a capacity to produce more than 2,880,000 tons per annum from two separate manufacturing units, comprising of Pakland Cement Limited, and Saadi Cement Limited which was increased to capacity of 300,000 TPA and then 750,000 TPA.

The total number of shares the company has introduced are 484,113,343. The Earning Per Share in 2020 is (2.74) which was (0.57) in 2019. The company had a loss of Rs. 1,324,465,000 compare to a loss of Rs. 275,304,000 in 2019.”