Financial results of Matco Foods Limited for Year ended June 30, 2019.

Karachi: Matco Foods Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on September 05, 2019.

The agenda of the meeting was discussion of Unconsolidated and consolidated profit and loss account for year ended June 30, 2019 which portrayed a profit of Rs. 413,836,287 and Rs. 412,628,654 with earnings per share 3.38 and 3.37 basic and diluted respectively.

Further, 7% payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain...