Karachi, Pak Suzuki Motor Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on March 20, 2023 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended December 31, 2022.
Further, the company has declared the closed period from March 14, 2023 to March 20, 2023.
Pak Suzuki Motor Company Limited was incorporated in Pakistan as a public limited company in August 1983. The Company was formed in accordance with the terms of a joint venture agreement concluded between Pakistan Automobile Corporation Limited and Suzuki Motor Corporation, Japan (the Holding Company). The Company is engaged in the assembling, progressive manufacturing and marketing of Suzuki cars, pickups, vans, 4x4s and motorcycles and related spare parts.
The total numbers of shares are 82,299,851. The Earnings per share is (19.31) in 2020 which was (35.49) in 2019. The Company had a loss of Rs. 1,589,486,000 in 2020 which was 2,920,485,000 in 2019.