Pak Elektron Limited

Equities

PAEL

PK0034601010

Appliances, Tools & Housewares

End-of-day quote Pakistan S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
22.75 ^PKR	-2.11%		+1.38%	+0.75%

Apr. 04	Pak Elektron Limited Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	Pak Elektron Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	CI

Pak Elektron : Transmission of 3rd Quarterly Report for the Period Ended 30-09-2023

October 30, 2023 at 06:36 am EDT

PAK ELEKTRON LIMITED

3rd QUARTER REPORT

(Un-Audited)

30-09-2023

	COMPANY INFORMATION
Board of Directors
Mr. M. Naseem Saigol	Chairman - Non Executive
Mr. Muhammad Murad Saigol	Chief Executive Officer - Executive/Certified (DTP)
Mr. Muhammad Zeid Yousuf Saigol	Director - Executive/Certified (DTP)
Syed Manzar Hassan	Director - Executive/Certified (DTP)
Mrs. Sadaf Kashif	Director - Independent/Certified (DTP)
Mr. Muhammad Kamran Saleem	Director - Independent/Certified (DTP)
Mr. Anjum Nisar	Director - Non Executive
Mr. Shahid Iqbal Choudhri	Director - NBP Nominee U/S 164 of the Act / Non Executive
Audit Committee
Mr. Muhammad Kamran Saleem	Chairman/Member
Mr. M. Naseem Saigol	Member
Syed Manzar Hassan	Member
Mrs. Sadaf Kashif	Member
HR & Remuneration Committee
Mr. Muhammad Kamran Saleem	Chairman/Member
Syed Manzar Hassan	Member
Mrs. Sadaf Kashif	Member
Company Secretary
Muhammad Omer Farooq
Chief Financial Officer
Syed Manzar Hassan, FCA

Auditors

M/s Rahman Sarfaraz Rahim Iqbal Rafiq

Chartered Accountants

A member of Russell Bedford International

Legal Advisor

M/s Hassan & Hassan Advocates

Shariah Advisor

Mufti Altaf Ahmed

Company Registration No.0000802

National Tax No. (NTN) 2011386-2

Status of Company

Public Interest Company (PIC)

Registered Office

17- Aziz Avenue, Canal Bank,

Gulberg-V, Lahore

Tel: 042-35920131

E-Mail:shares@saigols.com

Share Registrar

Corplink (Pvt.) Limited

Wings Arcade, 1-K, Commercial,

Model Town, Lahore

Tel: 042-35916714, 35839182,

Fax: 042-35869037

E-Mail:shares@corplink.com.pk

Works

14-K.M. Ferozepur Road, Lahore Tel: 042-35920151-9 (9 Lines) Website: www.pel.com.pk

PEL Unit II

34-K.M. Ferozepur Road,

Keath Village, Lahore

Tel: 042-35935151-2

Karachi

Kohinoor Building

25-West Wharf Road, Karachi

Tel: 021-32200951-4

Fax: 021-32310303

Islamabad

Room # 301, 3rd Floor,

Green Trust Tower, Blue Area, Islamabad

Tel: 051-2824543, 2828941

Fax: 051-2273858

Bankers

Albaraka Bank (Pakistan) Limited

Askari Bank Limited

Bank Alfalah Limited

The Bank of Khyber

The Bank of Punjab

Sindh Bank Limited

Faysal Bank Limited

Bank Islami (Pakistan) Limited

MCB Bank Limited

National Bank of Pakistan

Pak Brunei Investment Company Limited

Pak Libya Holding Company (Private) Limited

Pak Oman Investment Company Limited

Silk Bank Limited

Soneri Bank Limited

Standard Chartered Bank (Pakistan) Limited

Summit Bank Limited

Saudi Pak Industrial and Agriculture Investment Company Limited

United Bank Limited

Attention: This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

Original Link
Original Document
Permalink

Disclaimer

Pak Elektron Ltd. published this content on 30 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 October 2023 10:35:27 UTC.

Latest news about Pak Elektron Limited

Pak Elektron Limited Reports Earnings Results for the Full Year Ended December 31, 2023	Apr. 04	CI
Pak Elektron Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-29	CI
Pak Elektron Limited Announces Executive Changes	23-08-28	CI
Pak Elektron Limited Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-27	CI
Pak Elektron Limited Reports Earnings Results for the Full Year Ended December 31, 2022	23-04-06	CI
Pak Elektron Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-10-27	CI
Pak Elektron Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-29	CI
Pak Elektron Limited Reports Earnings Results for the Full Year Ended December 31, 2021	22-04-08	CI
Pak Elektron Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-10-27	CI
Pak Elektron Limited Announces Resignation of Director	21-08-26	CI
Pak Elektron Limited Reports Earnings Results for the Second Quarter Ended June 30, 2021	21-08-26	CI
Pak Elektron Limited Reports Earnings Results for the First Quarter Ended March 31, 2021	21-04-30	CI
Pak Elektron Limited Reports Earnings Results for the Third Quarter Ended September 30, 2020	20-10-29	CI
Pak Elektron Limited Reports Earnings Results for the Second Quarter Ended June 30, 2020	20-08-28	CI
Pak Elektron Limited Reports Earnings Results for the First Quarter Ended March 31, 2020	20-05-04	CI
Pak Elektron Limited Reports Earnings Results for the Full Year Ended December 31, 2019	20-03-27	CI
Pak Elektron Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019	19-10-30	CI
Pak Elektron Limited(KASE:PAEL) dropped from S&P Global BMI Index	19-09-23	CI
Pak Elektron Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019	19-08-23	CI
Pak Elektron Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019	19-04-26	CI
Pak Elektron Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018	19-04-04	CI
Pak Elektron Limited Reports Unaudited Consolidated and Un-Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018	18-10-31	CI
Pak Elektron Limited Reports Consolidated and Un-Consolidated Cash Flow Results for the Six Months Ended June 30, 2018	18-08-29	CI
Pak Elektron Limited Reports Consolidated and Un-Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2018	18-08-16	CI
Pak Elektron Limited Reports Unaudited Consolidated and Un-Consolidated Earnings Results for the First Quarter Ended March 31, 2018	18-04-24	CI

Chart Pak Elektron Limited

Duration

Period

More charts

Company Profile

Pak Elektron Limited is a Pakistan-based company, which is engaged in the manufacturing and sale of electrical capital goods and domestic appliances. The Company provides various appliances and power products. Its Power Division is engaged in the manufacturing and distribution of transformers, switchgears, energy meters, power transformers, construction of grid stations and electrification works. Its Appliances Division is engaged in the manufacturing, assembling and distribution/sale of Refrigerators, air conditioners, deep freezers, microwave ovens, Washing Machines, Water Dispensers, LED televisions and other domestic appliances. Its EPC Department takes up turnkey contracts involving engineering, procurement, and construction (EPC) for building power infrastructure projects comprising electrical networks/electrification and grid stations up to 220 kilovolts (KV) level. The Company constructs power grid stations for government as well as private customers.

Sector

Appliances, Tools & Housewares

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

22.75 PKR

Average target price

32 PKR

Spread / Average Target

+40.66%

Consensus

Chiffre d''affaires - Rate of surprise

Company calendar

Sector Household Appliances

	1st Jan change	Capi.
PAK ELEKTRON LIMITED	+0.75%	69.93M
GREE ELECTRIC APPLIANCES, INC. OF ZHUHAI	+22.79%	28.64B
BEIJING ROBOROCK TECHNOLOGY CO., LTD.	+35.11%	6.93B
HISENSE HOME APPLIANCES GROUP CO., LTD.	+81.37%	6.43B
WHIRLPOOL CORPORATION	-22.31%	5.17B
ECOVACS ROBOTICS CO., LTD.	+0.22%	3.3B
ARÇELIK ANONIM SIRKETI	+30.89%	3.14B
RINNAI CORPORATION	+2.91%	3.06B
SHANGHAI FLYCO ELECTRICAL APPLIANCE CO., LTD.	-0.02%	3.04B
COWAY CO., LTD.	-1.92%	2.96B

Household Appliances