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

Karachi -- Systems 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. 2,193,914,942 and Rs. 2,164,297,683 with earnings per share 17.31 and 17.43 basic and diluted respectively.

Further, 35% payment of cash dividend, 10% bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from March 25, 2021 to March 31, 2021 (both days inclusive).

The announcement is available at:

https://dps.psx.com.pk/download/document/162861.pdf

Systems Limited is a global leader of next-generation IT services and BPO solutions. Ever since its inception in 1977, the company has evolved and taken center stage in information and technology by providing computing strategies and solutions to Government and Private Organizations.

With three decades of experience and IT evolution, they have accomplished above 500 projects completed in...