Karachi, Cherat Packaging Limited informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company scheduled to be held on February 16, 2023 at Karachi to consider financial statements for the period ended December 31, 2022 is in progress.
“Cherat Packaging Limited was incorporated in Pakistan as a public company limited by shares in the year 1989. Its main business activities are manufacturing, marketing and sale of paper sacks, polypropylene bags and flexible packaging material.
The total number of shares are 42,506,836. The Earning per share is 1.65 in 2020 which was 13.24 in 2019. The Profit after Taxation of the Company is 70,235,000 in which was 562,873,000 in 2019.”