Gatron Limited Recommends Interim Cash Dividend for the Half Year Ended December 31, 2019
February 13, 2020 at 01:06 pm IST
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Gatron (Industries) Limited announced that the Board of Directors, in its meeting held on January 15, 2020, has recommended interim cash dividend of PKR 12.50 per share. The Share Transfer Books of the Company will remain closed for entitlement of this interim cash dividend from February 04, 2020 to February 11, 2020 (both days inclusive). The dividend will be paid to the shareholders of the company whose names appear in the Register of Members at the close of business on February 03, 2020.
Gatron (Industries) Limited is a Pakistan-based company, which is engaged in the manufacturing of polyester filament yarn through its self-produced polyester polymer/chips. The Company also produces polyethylene terephthalate (PET) preforms. The Company's segments include Polyester Filament Yarn and Polyester PET Preforms. The Polyester Filament Yarn segment comprises manufacturing of Polyester Filament Yarn and its raw material. The Polyester PET Preforms segment comprises manufacturing of Polyester PET Preforms and its raw material. Its products include PET resin, PET preform, PET bottle, thermoforming, film grade chips, textile grade chips, and biaxially oriented polyethylene terephthalate (BOPET) film. The Company subsidiaries include Gatro Power (Private) Limited, Global Synthetics Limited and G-Pac Energy (Private) Limited. The principal business of the subsidiary company, G-Pac Energy (Private) Limited is to generate and sell electric power.