Financial results of Orix Leasing Pakistan Limited for quarter ended September 30, 2016

Karachi, Orix Leasing Pakistan Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on October 27, 2016.

The agenda of the meeting was discussion of unconsolidated and consolidated profit and loss account for quarter ended September 30, 2016 which portrayed a profit of Rs. 158,456,898 and Rs. 168,285,951 with earnings per share 1.93 and 2.05 basic and diluted respectively.

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

ORIX Leasing Pakistan Limited is a company incorporated in Pakistan as a private limited company on July 1, 1986 and was converted into a public limited company on December 23, 1987. The foundations of the company are laid under the Companies Ordinance, 1984. The Company is licensed to carry out leasing business as a Non-Banking Finance Company under the Non-Banking Finance Companies (Establishment and Regulations) Rules, 2003 (NBFC Rules) issued by the Securities and Exchange Commission of Pakistan. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the Company is located at Karachi.

The symbol “OLPL” is being used by the stock exchanges for the shares of Orix Leasing Pakistan Limited.