AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: Ghani Gases Limited informed Karachi Stock Exchange about recommendations made by the board of directors in the meeting held at Lahore on October 03, 2015.
The agenda of the meeting was discussion of un-audited interim profit and loss account for year ended June 30, 2015 which portrayed a profit of Rs. 158,496 and earnings per share 2.13 basic and diluted.
Further, 10% payment of cash dividend, nil payment of bonus shares and right shares was agreed.
The annual general meeting of the company will be held on October 31, 2015 at Lahore.
Further, the share transfer books of the company will remain closed from October 27, 2015 to November 11, 2015 (both days inclusive).
Ghani Gasses Limited was incorporated in Pakistan during November 2007 as a private limited company. During February 2008 the company was converted into a public limited company. In 2009 the company set up a plant near Lahore and in 2014 a plant near Port Qasim for manufacturing liquid industrial and medical gases. The company is ISO 9001: 2008 certified. The registered office of the company is located in Lahore.
The company manufactures liquid oxygen, liquid nitrogen, liquid argon and calcium carbide which are used for industrial and commercial usage in oil and gas industry, live stock, automotive industry, health care industry, pharmaceuticals industry, steel and iron mills, food and beverages, chemical industries and many other related industries.
The symbol “GGL” is being used by the stock exchange for the shares of Ghani Gases Limited.