Financial results of United Distributors Pakistan Limited for Quarter ended December 31, 2019.

Karachi: United Distributors Pakistan Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 20, 2020.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2019 which portrayed a loss of Rs. 137,147 with loss per share 3.89 basic and diluted respectively.

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

United Distributors Pakistan Limited was incorporated in Pakistan as a public limited company. The foundations of the company are laid using the Companies Ordinance, 1984. The [principle business activities of the company include manufacturing, trading and distribution of pesticides, fertilizers and other allied products. The stocks of the company are quoted on the Karachi Stock...