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Descon Oxychem : Transmission of Annual Report for the Year Ended
September 28, 2022 at 11:56 am EDT
PARTNERS IN
PROGRESS
ANNUAL
REPORT 2022
VISION
Winning together with our customers, our ambition is to enhance local and regional footprint while delivering sustainable value to all stakeholders.
MISSION
We are determined to:
Strengthen our domestic market leadership position
Establish a footprint in new segments & regional markets
Achieve success through winning together with our customers driven by best cost propositions, motivated people and effective teamwork
DESCON OXYCHEM LIMITED
Contents
03
Company Information
04
Board & Management Committees
05
Principal Markets & Application Areas
06
Chairman's Review
07
Directors' Report - English
20
Directors' Report - Urdu
21
Key Operational and Financial Data
22
Auditor's Review Report on the Statement of Compliance
23
Statement of Compliance with the Listed Companies Code
26
Independent Auditor's Report on the Audit of the Financial Statements
30
Statement of Financial Position
32
Statement of Profit or Loss Account
33
Statement of Comprehensive Income
34
Statement of Changes in Equity
35
Statement of Cash Flows
36
Notes to the Financial Statements
78
Pattern of Shareholding
80
Categories of Shareholders
82
Notice of Annual General Meeting
87
Form of Proxy
ANNUAL REPORT 2022
Company Information
Board of Directors
Taimur Dawood
Chairman
Asif Qadir
Independent Director
Farooq Nazir
Non-Executive Director
Mehreen Dawood
Non-Executive Director
Faisal Dawood
Non-Executive Director
Ali Asrar Hossain Aga
Independent Director
Haroon Waheed
Independent Director
M. Mohsin Zia
Chief Executive Officer
Muhammad Rizwan Qaiser
Chief Financial Officer
Abdul Sohail
Company Secretary
Auditors
M/s A. F. Ferguson & Co.
Chartered Accountants
Internal Auditors
M/s KPMG Taseer Hadi & Co. Chartered Accountants
Legal Advisors
M/s Hassan & Hassan Advocates
Bankers
Allied Bank Limited
Bank Al Habib Limited
Bank Alfalah Limited
Habib Metropolitan Bank Limited The Bank of Punjab
Share Registrar
M/s Corplink (Pvt) Limited
Wings Arcade, 1-K Commercial Area, Model Town, Lahore-53000
Tel: +92 42 35887262, 35839182
Fax: +92 42 35869037
Registered Office
Descon Headquarter
18-KM Ferozepur Road
Lahore-53000 Pakistan.
Tel: +92 42 35923721-9
Plant Site
18-KM Lahore - Sheikhupura Road, Lahore, Pakistan.
Tel: +92 42 37971822-24
Fax: +92 42 3797 1834
Web Presence
Updated Company's Information
together with the latest Annual Report
can be accessed at Descon Oxychem Limited's
Website: www.desconoxychem.com
This is an excerpt of the original content. To continue reading it, access the original document here .
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Disclaimer
Descon Oxychem Ltd. published this content on 28 September 2022 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 28 September 2022 15:55:05 UTC .
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Descon Oxychem Limited Reports Earnings Results for the Third Quarter Ended March 31, 2020
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Descon Oxychem Limited Reports Earnings Results for the Second Quarter Ended December 31, 2019
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Descon Oxychem Limited Reports Earnings Results for the First Quarter Ended September 30, 2019
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Descon Oxychem Limited Reports Earnings Results for the Full Year Ended June 30, 2019
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Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
More charts
Descon Oxychem Limited is engaged in the manufacturing, procurement and sale of hydrogen peroxide and allied products. The Company's products include Hydrogen Peroxide (H2O2), Sanidol, and CareOx 35. The Company's Hydrogen Peroxide include FOOROX 35, ASEPTOX 35, TEXTOX 50, PRINTOX 50, DOLOX 50, PRINTOX 60, DOLOX 35 and DOLOX 60. The Company's CareOx 35 is specially formulated as a drinking water system cleaner and disinfectant in poultry and dairy farms. It is also used to kill all pathogenic bacteria and viruses. Its Sanidol is a nonalcoholic/halal multipurpose accelerated hydrogen peroxide-based sanitizer and disinfectant. The Company's applications include chemical pulp, mechanical pulp, paper recycling, textile, and specialty bleaching. The textile application is categorized into textile animal fibers, textile artificial fibers or regenerated cellulose, textiles-dye oxidation, and textiles-synthetic fibers.
More about the company
1st Jan change
Capi.
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