Shield Corporation Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 16, 2020.

The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2020 which portrayed a loss of Rs. 22,519,387 with loss per share 5.77 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/145876.pdf

Shield Corporation Limited was incorporated in Pakistan on January 10, 1975. It manufactures fast moving consumer goods including dental care and baby care products. The operations of the company are ISO 9001: 2008 & 14001: 2004 certified. The shares of the company are quoted on Karachi, Lahore and Islamabad Stock Exchanges in Pakistan. The company has a workforce of more than 118 employees. The registered office of the company is located in Karachi.

The symbol "SCL" is being used by the stock exchanges for the shares of Shield Corporation Limited.

© Pakistan Press International, source Asianet-Pakistan