Board of directors meeting of Pakistan PVC Limited

Karachi, Pakistan PVC Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 20, 2023 at Islamabad. 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 13, 2023 to April 20, 2023.

Pakistan PVC Limited is incorporated in Pakistan on October 19, 1963. The company is engaged in production and sale of PVC resin, PVC pipes and fittings, PVC compound and Caustic soda. The company has installed a water purification plant to process and sell mineral water.

Pakistan PVC Limited was constructed in the middle sixties in collaboration with M/s Shin-Etsu Chemical Industry Company Limited of Japan. The plant started producing PVC Pipes as early as in 1966.

The total numbers of shares are 14,958,000. The Earnings per share is (1.05) in 2020 which was (1.17) in 2019. The Company had a loss of Rs. 15,759,000 in 2020 which was 17,479,000 in 2019.