Gillette Pakistan Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 27, 2020.

The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2020 which portrayed a profit of Rs. 70,202 with earnings per share 3.66 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/146641.pdf

Gillette Pakistan Limited is a company incorporated in Pakistan on December 9, 1986 as a public limited company. The foundations of the company have been laid under the Companies Ordinance, 1984. It is a subsidiary of the Series Acquisition B.V. Netherlands which is a wholly owned subsidiary of P&G, USA. The principal activities of the company includes marketing and selling of blades and razors, personal care products, household appliances and oral care products. 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 "GLPL" is being used by the stock exchanges for the shares of Gillette Pakistan Limited.

© Pakistan Press International, source Asianet-Pakistan