The Meeting of the Board of Directors of the Company was held on Monday 28th October 2024 at 01:30 p.m. at its registered office to approve the Un-Audited Financial Statements for the First Quarter ended September 30, 2024 of the Company. The Meeting of the Board of Directors of the Company was held on Monday 28th October 2023 at 01:30 p.m. at its registered office to approve the Un-Audited Financial Statements for the First Quarter ended September 30, 2024 of the Company. During the period under report, the performance of the Company remained depressed due to political instability, recession and inflation in local as well as international market. The quantum of sales decreased due to the limitations explained. The Net Loss After Tax for the First Quarter ended on September 30, 2024 was (Rs.97,009,737/-) as compared to the Net Loss After Tax of (Rs.14,835,632/-) for the same period last year. By the grace of Almighty Allah, the Company will achieve better financial results for the remaining period of the current financial year to end on June 30, 2025.
|