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Board of Directors meeting of Pakistan Cables Limited

Karachi, Pakistan Cables Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 26, 2023 at Nooriabad. The agenda of the meeting will to consider the Quarterly Accounts for the period ended December 31, 2022.

Further, the company has declared the closed period from January 19, 2023 to January 26, 2023.

“Pakistan Cables Limited was incorporated in Pakistan as a private limited company on 22 April 1953 and in 1955 it was converted into a public limited company. The Company is engaged in the manufacturing of copper rods, wires, cables and conductors, aluminum extrusion profiles and PVC compounds.

The Company is listed on Pakistan Stock Exchange with the total number of Shares that are 35,577,970. The Earnings per shares of the Company (2.58) in 2020 which was 3.56 in 2019. The Profit After Taxation in 2020 is (91,786,000) which was 126,233,000 in 2019.”