Board Meeting in Progress of Sitara Chemical Industries Limited

Karachi, Sitara Chemical Industries Limited informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company held on February 23, 2023 at Karachi to consider First Quarter Accounts for the period ended December 31, 2022 is in progress.

Sitara Chemical Industries Limited was incorporated in Pakistan on September 08, 1981 as a public limited company. The Company is currently organized into two operating divisions and these divisions are Chemical Division (manufacturing of caustic soda and allied products) and Textile Division (manufacturing of yarn and fabric).

The total numbers of shares are 21,429,524. The Earnings per share is 13.94 in 2020 which was 41.32 in 2019. The Profit after Taxation of the Company is 298,763,000 in 2020 which was 885,458,000 in 2019.

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