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Credit of Interim Cash Dividend of Pakistan Hotels Developers Limited

Karachi, Pakistan Hotels Developers Limited informed Pakistan Stock Exchange that the interim cash dividend @ Rs. 1.00 per share i.e. 10% for the year ending June 30, 2023 has been credited electronically into the designated bank accounts of the shareholders of the Company on March 10, 2023.

Pakistan Hotel Developers Limited was incorporated and domiciled in 1979 in Pakistan, as a private limited company and converted into public limited company in 1981. Pakistan Hotels Developers Limited (Formerly Taj Mahal Hotels Limited). The company is principally engaged in hotel business and owns and operates a Five Star Hotel Known as Regent Plaza Hotel and Convention Center, Karachi.

The total numbers of shares are 18,000,000. The Earnings per share is 0.02 in 2020 which was 1.56 in 2019. The Profit after Taxation of the Company is 442,000 in 2020 which was 28,013,000 in 2019.

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