Financial results of Thal Industries Corporation Limited for Year ended September 30, 2018.

Karachi -- Thal Industries Corporation Limited informed Pakistan Stock Exchange about the recommendations made by the Board of Directors in the meeting held at Lahore on December 26, 2018.

The agenda of the meeting was discussion of profit and loss account for year ended September 30, 2018 which portrayed a loss of Rs. 160,451,022 with loss per share 10.68 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 January 20, 2019 to January 26, 2019 (both days inclusive).

The announcement is available at:

https://www.psx.com.pk/newsattachment/123802.pdf

"The Thal Industries Corporation Limited is a public limited company incorporated in Pakistan on September 7, 1953. The foundation of the company is formed under the Companies Ordinance, 1984. The company is principally engaged in production and...