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Board of directors meeting of Jahangir Siddiqui and Company Limited

Karachi, Jahangir Siddiqui and Company limited informed Pakistan Stock Exchange that board of directors meeting of the company held on January 24, 2023 at Karachi. The agenda of the meeting to consider and has approved the Budget for the year ending December 31, 2023.

Jahangir Siddiqui & Co. Limited is primarily an investment company in financial services and also makes long term investments in growing companies in Pakistan. In financial services, its investments cover all sectors including asset management, commercial banking, investment banking, Islamic banking, securities brokerage and insurance. JSCL also benefits from strategic long term investments including in technology, transportation, media, and industrial sector companies. The Company was incorporated in Pakistan on May 04, 1991 as a public unquoted company.

The total numbers of shares are 915,942,388. The Earnings per share is 1.32 in 2020 which was 0.39 in 2019. The Profit after Taxation is 1,205,007,000 in 2020 which was 359,810,000 in 2019.