Day: February 6, 2023

Karachi, The Hub Power Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on February 16, 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 07, 2023 to February 16, 2023.

The Hub Power Company Limited was incorporated in Pakistan on August 1, 1991 as a public limited company. The principal activities of the Company are to develop, own, operate and maintain power stations. The Company owns an oil-fired power station of 1,200 MW in Baluchistan (Hub plant). Narowal Plant is also an RFO-fired, engine based, combined cycle power station, located at Mouza Poong, Narowal in Punjab.

The Company also holds 75% controlling interest in Laraib Energy Limited, which is a run off the river hydel power plant downstream of Mangla Dam in Azad Jammu and Kashmir. The joint-venture with China Power International Holdings (CPIH), a 1320MW imported coal-based power plant, China Power Hub Generation Company Limited (CPHGC) has started its commercial operations providing energy to over 4 million households.

The total numbers of shares are 1,297,154,400. The Earnings per shares of the Company is 7.84 in 2020 which was 6.70 in 2019. Their Profit after Taxation is 10,166,739,000 in 2020 which was 8,036,981,000 in 2019.

Karachi, Ismail Industries Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on February 15, 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 06, 2023 to February 15, 2023.

Ismail Industries Limited was incorporated in Karachi, Pakistan as a private limited company on June 21, 1988.On November 01, 1989 the Company was converted into a public limited company. The principal activities of the Company are manufacturing and trading of sugar confectionery items, biscuits, potato chips, cast polypropylene (CPP) and Biaxially-oriented polyethylene terephthalate (BOPET) film under the brands of ‘CandyLand’, ‘Bisconni’, ‘Snackcity’ and ‘Astro films’ respectively.

The total number of shares are 66,356,940. The Earnings per share is 14.49 in 2020 which was 15.15 in 2019. The Profit after Taxation is 931,965,000 in 2020 which was 966,598,000 in 2019.

Karachi, ABL Asset Management Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on February 14, 2023 at Lahore. The agenda of the meeting will to consider the Quarter Accounts for the period ended December 31, 2022.

“ABL Asset Management Company Limited (ABL AMC) is a wholly owned subsidiary of Allied Bank Limited (ABL) with a paid up capital of Rs.500 Million. ABL Asset Management Company is licensed to undertake asset management and investment advisory services and aims to set the highest industry standards for integrity and quality of service through professional fund management of Mutual Funds. Allied Bank Limited, the parent concern of ABL AMC, is one of the oldest banks in Pakistan established in 1942 and privatized in 2004.

Since then ABL has come a long way in offering various technology based products and services, including real-time banking to its diversified clientele through its network of more than 800 online branches and 500 plus ATMs across Pakistan.”

Karachi, Bank of Khyber informed Pakistan Stock Exchange that board of directors meeting of the company will be held on February 14, 2023 at Peshawar to consider the various items requiring purview of the Board.

Further, the company has declared the closed period from February 06, 2023 to February 14, 2023.

The Bank of Khyber was established 1991 through an Act passed by the Provincial Legislative Assembly. The principal business of the Bank is commercial banking and related services. The Bank acquired the status of a scheduled bank in 1994.

The bank has been associated with business and commercial circles and has been engaged in catering to the financial needs of all sectors. They are also involved in extending funded and non-funded facilities to its customers for various business needs. They have 179 branches across the country.

The total shares of the Bank are quoted on Pakistan Stock Exchange i.e: 1,050,389,726. The Earnings per shares in 2020 is 2.15 which was 1.31 in 2019. The Profit after Taxation of the company is 2,151,783,000 in 2020 which was 1,306,039,000 in 2019.