Karachi, Tri-Pack Films Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on April 10, 2023 Through video Link.
The agenda of the meeting will be confirming the minutes of Annual General Meeting held on April 20, 2022, to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended December 31, 2022 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending December 31, 2022 and fix their remuneration and to transact any other business with the permission of the chair.
Further, the closed period of the company is from April 04, 2023 to April 10, 2023 (both days inclusive).
“Tri-Pack Films Limited was incorporated in Pakistan on April 29, 1993 as a public limited company. It is principally engaged in the manufacturing and sale of Biaxial Oriented Polypropylene (BOPP) film and Cast Polypropylene (CPP) film. Its head office is based in Karachi and regional offices are located in Karachi, Lahore and Hattar.
Since inception the Company has come a long way from one BOPP Line of 5,400 tons to four BOPP Lines of 66,800 tons and two CPP Lines of over 17,000 tons.
The total number of share are 38,800,000. The Earnings per share is 15.83 in 2020 which was (7.98) in 2019. The Profit after tax of the Company is 614,111,000 in 2020 which was (309,814,000) in 2019.”