Pakistan PVC : Transmission of Quarterly Report for the Period Ended September 30, 2022
November 10, 2022 at 03:57 am
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PAKISTAN PVC LIMITED
DIRECTOR'S REPORT TO THE SHAREHOLDERS
On behalf of my colleagues on the Board, I present the unaudited accounts for the 1st quarter ended September 30, 2022.
The financial position of your company during the quarter ended September 30, 2022 further deteriorated due to financial charges, idle cost and depreciation. As reported previously, Gharo Plant remains closed and there was no production during the period under review. Your management hopes that all old disputes can be resolved amicably.
The lower production of PVC Pipes & Fittings at Islamabad is due to shortage of fund and the prevailing economic conditions in the country. Sales during the period under review increased to Rs. 3.139 million as compared to Rs. 2.734 million of the same period last year. During the period under review your company sustained a loss of Rs. 2.143 million as compared to net loss of Rs. 1.550 million for the same period last year.
I want to repeat my words that unless and until your Gharo Plant goes into production no fruitful result can be achieved.
یک سج یئوہ بارخ دیزم تلاح یلام یک ینپمک یک پٓا نارود ےک یہام ہس یلاو ےنوہ ریذپ ماتتخا وک2022 ربمتس30 دنب ٹنلاپ وراھگ ،ےہ اکچ اج ایاتب ےلہپ ہک اسیج ۔ےنب رصانع ےسیج یمک ںیمردقروا تیلاعفریغ ،زجراچ یتایلام ہجو ےہ دیما رپ ہیماظتنا ینپمک یک پٓا۔یئوہ ںیہن راوادیپ یک مسق یسک نارود ےک تدم ہزئاج ریز ےس ہجو یک سج اھت اہر ۔ںیہ ےتکس اج ےیک لح ںیم زادنا ہناتسود تاعزانت ےنارپ رت مامت ہک
زگنٹف روا ںوپئاپ یس یو یپ ںیم دابٓا ملاسا ےس ہجو یک لاحتروص یشاعم ہدوجوم یراج ںیم کلم روا تلق یک زڈنف 2.734 یلاو ےنوہ نارود ےک تدم یسا لاس ہتشذگ مجح اک تخورف نارود ےک تدم ہزئاج ریز ۔یئوہراوادیپ مک یک ےپور نیلم 2.143 وک ینپمک یک پٓا نارود ےک تدم ہزئاج ریز ۔اہر ےپور نیلم 3.139 لاسما تبسن یک ےپور نیلم ۔اھت ےپور نیلم 1.550 صلاخ نارود ےک ےصرع یسا لاس ہتشذگ ہک وج اوہ ناصقن اک
یئوک کت بت اگ ےرک عورش ںیہن راوادیپ ٹنلاپ وراھگ اک پٓا کت بج ہک ںوہ اتہاچ انارہد ہرابود وک ظافلا ےنپا ںیم ۔اتکس اج ایک ںیہن لصاح ہجیتن روٓاراب
)عیفش فراع(
2022ربوتکا28،یچارک
وٹکیزگیا فیچ
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Pakistan PVC Ltd. published this content on 10 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 November 2022 08:56:05 UTC.
Pakistan PVC Limited is a Pakistan-based company which is engaged in the production and sale of polyvinyl chloride (PVC) resin, PVC pipes and fittings, PVC compound, and caustic soda, and to lease (land, building, and other infrastructure). It produces PVC resins and processes these and other thermoplastic compounds into finished and semi-finished products. The Company also has a water purification plant for processing and selling mineral water. Its plant is situated at Shaffiabad, Gharo district, Thatta, approximately 66 kilometers from Karachi.