Nimir Resins Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 25, 2020.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2019 which portrayed a profit of Rs. 51,983 with earnings per share 0.18 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/143362.pdf

With over 50 years' experience, Nimir Resins Limited (Formerly Descon Chemicals Limited) prides itself at providing its customers the best possible chemical solutions in the industry. Catering to a multitude of industrial sectors, our solutions and services provide the best value and quality that our customers deserve.

Innovation is an integral part towards, Nimir Resin's business philosophy. Nimir Resins Limited (Formerly Descon Chemicals Limited) is a technology leader for new development in commercial and advanced application.

The symbol "NRSL" is being used by the stock exchange for the shares of Nimir Resins Limited.

© Pakistan Press International, source Asianet-Pakistan