Financial results of Ghandhara Industries Limited for period ended June 30, 2016

Karachi, Ghandhara Industries Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on October 04, 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. 745,861 with earnings per share 35.01 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 24, 2016 to October 31, 2016 (both days inclusive).

Ghandhara Industries Limited is a company incorporated in Pakistan as a public limited company on February 23, 1963. The foundations of the company are laid under the postulates of the Companies Ordinance, 1984. The principal activity of the company is assembly and progressive manufacturing of Isuzu Trucks and Buses. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the Company is situated at Karachi.

The symbol “GHNI” is being used by the stock exchange for the shares of Ghandhara Industries Limited.