GOC (Pak) Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 24, 2020.
The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2019 which portrayed a loss of Rs. 10,908,330 with loss per share 1.48 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
The announcement is available at:
https://dps.psx.com.pk/download/document/143324.pdf
GOC (Pak) Limited was incorporated in Pakistan on 02 June 1964 as a private Company limited by shares under the Companies Act, 1913 (Now Companies Act, 2017) and converted into a public limited company on April 17, 1986. The Company is engaged in manufacturing and sale of hockey sticks, cricket ball and other quality sports goods.
© Pakistan Press International, source Asianet-Pakistan