Karachi, Drekkar Kingsway Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on November 05, 2022 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2022.
Further, the company has declared the closed period from November 03, 2022 to November 04, 2022.
Drekkar Kingsway Limited was registered on June 28, 1993 as Private Limited Company and was subsequently converted into Public Limited Company as on June 29, 1994. The principal activity of the company was manufacturing of all type of electrical appliances, cosmetics, toiletries, leather goods, machinery, components and parts.
In 1996, the company sold its plant and machinery. The company is currently engaged in making equity investments in undervalued profitable situations.
The total numbers of shares are 10,000,000. The (0.68) in 2020 which was (0.07) in 2019. The Company had a loss of Rs. 6,809,000 in 2020 which was 716,000 in 2019.