Category: Company News

Karachi, Shell Pakistan Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on March 15, 2023 at Karachi. The agenda of the meeting shall be consideration of annual accounts for the period ended December 31, 2022.

Further, the closed period of the company shall be from March 07, 2023 to March 16, 2023 (both days inclusive).

“Shell Pakistan Limited is a limited liability Company incorporated in Pakistan. The Company is a subsidiary of Shell Petroleum Company Limited, United Kingdom which is a subsidiary of Royal Dutch Shell Plc. The Company markets petroleum products and compressed natural gas. It also blends and markets various kinds of lubricating oils.

The total number of shares the company has introduced are 214,024,662. The Earnings per share is (45.05) in 2020 which was (13.88) in 2019. The Company had a loss of Rs. 4,821,027,000 in 2020 compared to a loss of Rs. 1,485,767,000 in 2019”

Karachi, KSB Pumps Company Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on March 10, 2023 at Lahore. The agenda of the meeting shall be consideration of annual accounts for the period ended December 31, 2022.

Further, the closed period of the company shall be from March 03, 2023 to March 10, 2023 (both days inclusive).

“KSB Pumps Company Limited was incorporated in Pakistan on July 18, 1959. The Company is a subsidiary of KSB SE & Co. KGaA. It is principally engaged in the manufacture and sale of industrial pumps, valves, castings and related parts and provision of after market services.

KSB Pumps Company Limited specializes in pumps, valves and systems for industrial, building services, energy and water applications. KSB Pumps Company Limited has its Head Office based in Lahore, a manufacturing facility at Hassanabdal with, sales houses in Lahore, Karachi, Multan, Rawalpindi.

The total number of shares of the Company are 13,200,000. The Earnings per shares of the Company is 1.24 in 2020 which was (6.66) in 2019. Their Profit after tax in 2020 is 16,383,000 which was 87,880,000 in 2019.”

Karachi, Tariq Corporation informed Pakistan Stock Exchange that board of directors meeting of the company will be held on March 09, 2023 at Lahore to consider the approve Annual Budget for the Year 2019-2020.

Further, the company has declared the closed period from March 02, 2023 to March 09, 2023.

“Tariq Corporation was incorporated on February 14, 1966 in Karachi and received its Certificate for Commencement of Business on April 16, 1966.. The Company formerly known as Hussein Sugar Mills Limited, is principally engaged in the business of production and sale of sugar and by products.

The plant is located in Jaranwala, approximately 80KM from Lahore. The area has large tracts of land where sugarcane is cultivated and produces approximately 40-45 million mounds of sugarcane a year.

The total numbers of shares are 38,520,000. The Earnings per share is (7.43) in 2020 which was 9.05 in 2019. The Profit after Taxation of the Company is (286,206,000) in 2020 which was 293,543,000 in 2019.”

Karachi, Nadeem Textile Mills 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 21, 2023 to February 27, 2023.

Nadeem Textile Mills Limited was incorporated in Pakistan as public limited company on July 15, 1984. The main business of the Company is manufacture and sale of yarn.

The group is equipped with a total of 72,192 spindles and has established its own power generation plant. The plant provides stable electric power supply to the mill. In addition to selling its yarn locally, the company regularly supplies its yarns to Far East Asia, Europe, Turkey, South East Asia and South Asia markets.

The total numbers of shares are 21,511,985. The Earnings per share is 0.91 in 2020 which was 10.42 in 2019. The Profit after Taxation is 17,545,000 in 2020 which was 200,160,000 in 2019.

Karachi, AKD Securities 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.

AKD Securities Limited is in brokerage and investment banking activities. They deliver services including execution, settlement, and research and risk management.

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.