OTSU to transfer Rs150mn to general reserve for investment in Line-II upgradation

By MG News | September 07, 2022 at 09:52 AM GMT+05:00

0:00

September 7, 2022 (MLN): The Board of Directors of Otsuka Pakistan Limited have decided to transfer a sum of Rs150 million to the general reserve of the Company from the profits for the year ended June 30, 2022, company’s filing at PSX showed today.

The Board had further decided that the above-said reserve will also be utilized for the planned investment in manufacturing Line-II which was communicated to the shareholders on August 31, 2021, the notice added.

Copyright Mettis Link News

Related News

MG Morning Breeze: Updates to Skim before Market

PIA’s flight to privatization gains momentum with 8 qualified bidders

PSX Closing Bell: Down Drift

Name	Price/Vol	%Chg/NChg
KSE100	120,002.59 134.10M	-0.38% -463.34
ALLSHR	74,892.13 598.08M	-0.59% -447.69
KSE30	36,441.73 49.35M	-0.18% -64.39
KMI30	176,794.05 68.62M	-0.61% -1077.42
KMIALLSHR	51,299.81 334.22M	-0.69% -357.41
BKTi	30,132.31 10.68M	0.39% 117.39
OGTi	26,850.91 9.15M	-0.55% -148.06

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	104,800.00	105,345.00 104,005.00	835.00 0.80%
BRENT CRUDE	76.94	77.67 76.72	-1.91 -2.42%
RICHARDS BAY COAL MONTHLY	88.00	0.00 0.00	-3.35 -3.67%
ROTTERDAM COAL MONTHLY	103.85	0.00 0.00	0.00 0.00%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	73.69	75.74 72.57	0.19 0.26%
SUGAR #11 WORLD	16.35	16.56 16.20	-0.16 -0.97%