Monday, December 5

Board of directors meeting of Metropolitan Steel Corporation Limited

Karachi, Metropolitan Steel Corporation Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 05, 2021 at Karachi. 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 29, 2021 to October 05, 2021.

Metropolitan Steel Corporation Limited was incorporated on August 24, 1955 as a public limited company. The company is a manufacturer of steel products such as torsteel, ribbed bars, wire rods, bailing hoops, mild and special steel wires, transmission towers and cold profiles.

The shares of the company are quoted on the Pakistan Stock Exchange. The registered office of the company is located in Karachi. The total number of shares are 30,977,500. The Earnings per shares of the Company is (0.54) in 2020 which was (0.60) in 2019. The Company had a loss of Rs. 16,717,000 in 2020 which was 18,624,000 in 2019.