Board of directors meeting of AKD Hospitality Limited

Karachi, AKD Hospitality Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 05, 2022 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended September 30, 2022.

Further, the company has declared the closed period from September 29, 2022 to October 05, 2022.

“AKD Hospitality Limited was incorporated as a Public Limited Company in the year 1936. The Company is engaged in the business of real estate / providing consultancy, projects financing and management, investment in listed securities and to engage in leasing.

The Company’s principal line of business is that of a general-purpose holding company capable of making investments in a range of securities, intellectual property and other assets plied for hire. The Company is headquartered in Karachi.

The Earnings per share is (1.14) in 2020 which was (1.30) in 2019. The Company had a loss of Rs. 2,868,000 in 2020 which was 3,247,000 in 2019.”