Financial results of Indus Motor Company Limited for Quarter ended March 31, 2021.

Karachi -- Indus Motor Company Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 28, 2021.

The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2021 which portrayed a profit of Rs. 3,614,354 with earnings per share 45.98 basic and diluted respectively.

Further, 300% payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from May 13, 2021 to May 19, 2021 (both days inclusive).

The announcement is available at:

https://dps.psx.com.pk/download/document/165941.pdf

Indus Motor Company Limited is a public limited company incorporated in 1989 in Pakistan. The commercial production by the company started in May 1993. The company operates as a joint venture between the House of Habib, Toyota Motor Corporation and Toyota Tsusho Corporation of Japan. The operations of the company include assembling, manufacturing and marketing of Toyota and Daihatsu brand automobiles for domestic consumption. The company...