Air Link Communication : Financial Results for the Year Ended June 30, 2023
October 04, 2023 at 05:46 am EDT
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AIR LINK COMMUNICATION LIMITED
Ref: ALC/PUCAR/2022-29
October 04, 2023
The General Manager
Pakistan Stock Exchange Limited
Stock Exchange Building
Stock Exchange Road
Karachi.
Subject: Financial Results for the Year Ended June 30, 2023
Dear Sir,
We have to inform you that the Board of Directors of our company in their meeting held on October 04, 2023 at 01:30 P.M, at 152/1 - M, Quaid-e-Azam, Industrial Estate Kot Lakh Path, Lahore recommended the following:
CASH DIVIDEND
A final Cash Dividend for the year ended June 30, 2023 at Rs. 2.5/- per share i.e.25%. This is in addition to Interim Dividend(s) already paid at Rs. NIL per share i.e. 0%.
(ii) BONUS SHARES
: NIL
(iii) RIGHT SHARES
: NIL
ANY OTHER ENTITLEMENT/CORPORATE ACTION : NIL
(v) ANY OTHER PRICE-SENSITIVE INFORMATION
: NIL
The financial results of the Company are attached.
The Profit & Loss Account (audited) for the year ended June 30, 2023 of the Company is attached as annexure.
The Annual General Meeting of the Company will be held on October 28, 2023 at 10:00 A.M, at Avari Hotel Lahore, 87 - Shahrah-e-Quaid-e-Azam, Lahore, Pakistan.
*The above entitlement will be paid to the shareholders whose names will appear in the Register of Members on October 19, 2023.
Al Qadir Heights 1-Babar Block New Garden Town Lahore - Pakistan 042-35844063-4-5-6
The Share Transfer Books of the Company will be closed from October 20, 2023 to October 28, 2023 (both days inclusive). Transfers received at the CDC Share Registrar Services Limited, CDC House, 99-B, Block 'B' S.M.C.H.S Main Shahra-e- Faisal, Karachi - 74400 at the close of business on October 19, 2023 will be treated in time for the purpose of above entitlement to the transferees and/or for attending of meeting.
The Annual Report of the Company for the year ended June 30, 2023 will be transmitted through PUCARS at least 21 days before holding of Annual General Meeting.
Yours Sincerely,
Amer Latif
Company Secretary
Copy to:
Executive Director/HOD,
Offsite-II Department,
Supervision Division,
Securities & Exchange Commission of Pakistan,
63, NIC Building, Jinnah Avenue, Blue Area,
Islamabad.
Al Qadir Heights 1-Babar Block New Garden Town Lahore - Pakistan 042-35844063-4-5-6
Air Link Communication Ltd. published this content on 04 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 October 2023 09:45:03 UTC.
Air Link Communication Limited is a Pakistan-based distributor of mobile phones. The Company is engaged in the business of import, export distribution, indenting, wholesale, retail of communication and information technology (IT) related products and services, including cellular mobile/smart phones, tablets, laptops, accessories, and allied products. Its segments include distribution and retail and assembly. The Company is a distributor of Samsung, Huawei, TCL, Tecno, Itel, Realme and Xiaomi. It imports and distributes mobile phones and accessories in Pakistan. It has developed an e-commerce platform www.airlink.pk where people have access to a range of products. The Company has after-sales support service centers in various cities of Pakistan. Its television packages contain all local channels as well as favorite religious, network, sports, and kidâs channels.