Financial results of Dawood Lawrencepur Limited for Quarter ended December 31, 2020.

Karachi -- Dawood Lawrencepur Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on March 03, 2021.

The agenda of the meeting was discussion of Unconsolidated and consolidated profit and loss account for quarter ended December 31, 2020 which portrayed a profit of Rs. 490,924 and Rs. 1,790,571 with earnings per share 8.66 and 25.82 basic and diluted respectively.

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

Furthermore, the share transfer books of the company will remain closed from April 23, 2021 to April 29, 2021 (both days inclusive).

The announcement is available at:

https://dps.psx.com.pk/download/document/162858.pdf

Dawood Lawrencepur Limited was incorporated in Pakistan in 2004 as a public listed company formed as a result of a Scheme of Arrangement for Amalgamation in terms of the provisions of the Companies Ordinance, 1984 between Dawood Cotton Mills Limited, Dilon Limited, Burewala Textile Mills Limited and Lawrencepur Woolen and Textile Mills Limited. In the year 2008 the company suspended its manufacturing...