Financial results of Pakistan PVC Limited for period ended June 30, 2016

Karachi, Pakistan PVC Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Islamabad on September 24, 2016.

The agenda of the meeting was discussion of profit and loss account for the year ended June 30, 2016 which portrayed a loss of Rs. 24,713,900 with loss per share 1.65 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 29, 2016 (both days inclusive).

Pakistan PVC Limited is a Chlor-Alkali/PVC Complex, producing PVC Resins and processing these and other thermo-plastic compounds into finished and semi-finished products. The Plant is situated at Shaffiabad , Gharo district Thatta , 66 KM from Karachi. Another production facility for pipes and fittings has been put up at Islamabad Industrial Area.

The symbol “PPVC” is being used by the stock exchanges for the shares of Pakistan PVC Limited.