Financial results of Berger Paints Pakistan Limited for Year ended June 30, 2020.

Karachi -- Berger Paints Pakistan Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on September 25, 2020.

The agenda of the meeting was discussion of profit and loss account for year ended June 30, 2020 which portrayed a profit of Rs. 67,479 with earnings per share 3.59 basic and diluted respectively.

Further, 10% payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from October 11, 2020 to October 17, 2020 (both days inclusive).

The announcement is available at:

https://dps.psx.com.pk/download/document/152845.pdf

Berger Paints Pakistan Limited was incorporated in Pakistan on March 25, 1950 as a private limited company under the Companies Act, 1913 now Companies Ordinance, 1984 and was subsequently converted into a public limited company in 1974. Slotrapid Limited, based in British Virgin Island is the holding company. The company is engaged in the manufacturing of paints, varnishes and other related items. The shares of the company are quoted on the Karachi and Islamabad...