Saturday, December 3

Board of directors meeting of Kohinoor Power Company Limited

Karachi, Kohinoor Power Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 06, 2021 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from September 30, 2021 to October 06, 2021.

Kohinoor Power Company Limited was incorporated in Pakistan on December 08, 1991 as a private limited company and subsequently converted into public limited company on May 10, 1992. The principal activity of the company is to generate and sell electric power.

KPCL is situated at 51-KM Multan Road, Lahore and Kohinoor Nagar, Faisalabad. The principle activities of the Company are to own, operate and maintain a furnace oil power station with the capacity of 15 MW. WAPDA is the sole customer of KPCL.

The total numbers of shares are 12,600,000. The Earnings per share is (0.98) in 2020 which was (1.12) in 2019. The Company had a loss of Rs. 12,369,000 in 2020 which was 14,161,000 in 2019.