Karachi, Pakistan International Bulk Terminal Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 20, 2021 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended September30, 2021.
Further, the company has declared the closed period from October 13, 2021 to October 20, 2021.
Pakistan International Bulk Terminal Limited was incorporated on March 22, 2010. The Company has entered into a Built Operate Transfer (BOT) contract with Port Qasim Authority (PQA) on November 06, 2010 for the construction, development, operations and management of coal and clinker/cement terminal at Port Mohammad Bin Qasim for thirty years. After the expiry date, the Company will transfer all the concession assets to PQA.
The total numbers of shares of the Company are 1,786,092,772. The Earnings per shares is 0.64 in 2020 which was (1.37) in 2019. The Profit after Taxation is 1,144,285,000 in 2020 which was (2,377,102,000) in 2019.