Financial results of Dewan Cement Limited for period ended June 30, 2016

Karachi, Dewan Cement Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on September 30, 2016.

The agenda of the meeting was discussion of profit and loss account for the year ended June 30, 2016 which portrayed a profit of Rs. 1,499,941 with earnings per share 3.11 and 3.10 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from October 20, 2016 to October 27, 2016 (both days inclusive).

Dewan Cement Limited was incorporated in Pakistan as a public limited company in March, 1980. The foundations of the company have been laid under the Companies Ordinance, 1984. The principal activity of the company is manufacture and sale of cement. The company has two production facilities at Karachi and Khyber Pakhtunkhwa. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Karachi.

The symbol “DCL” is being used by the stock exchanges for the shares of Dewan Cement Limited.