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Board of directors meeting of Descon Oxychem Limited

Karachi, Descon Oxychem Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 17, 2023 at Lahore. The agenda of the meeting will to consider the Quarterly Accounts for the period ended March 31, 2023.

Further, the company has declared the closed period from April 10, 2023 to April 17, 2023.

The company was incorporated in Pakistan as a private limited company on November 12, 2004. It is principally engaged in the manufacture, procurement and sale of hydrogen peroxide and allied products. They supply customized chemicals for textiles, food and beverage safety as well as other industrial and consumer sectors.

The total numbers of shares are 175,031,084. The Earnings per share is 3.42 in 2020 which was 3.87 in 2019. The Profit after Taxation is 418,423,000 in 2020 which was 394,269,000 in 2019.