Karachi, Karam Ceramic Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on February 27, 2023 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended December 31, 2022.

Further, the company has declared the closed period from February 20, 2023 to February 27, 2023.

Karam Ceramics Limited was established in Karachi as a Public Limited Company on April 08, 1979 by the name of “International Standard Ceramics Limited” and obtained the certificate for commencement of business on May 24, 1979. The Company changed its name to “Karam Ceramics Limited” (KCL) on November 27, 1982.

The principal objective of Karam Ceramics is to carry on any or all of the business of Manufacturers, Agents, Producers, Importers, Exporters, Wholesalers, Retailers, Contractors and Dealers in Ceramics, Tiles etc. In pursuance of this objective KCL established a modern ceramics ware manufacturing plant in Karachi.

The total number of shares of the Company are quoted as 14,549,060. The Earning per shares of the Company is (3.01) in 2020 which was 1.98 in 2019. The profit after Taxation of the Company is (43,774,000) in 2020 which was 28,878,000 in 2019.