Financial results of National Foods Limited for period ended March 31, 2016

Karachi, National Foods Limited informed Pakistan Stock Exchange about recommendations made by the board of directors in the meeting held at Karachi on April 18, 2016.

The agenda of the meeting was discussion of consolidated profit and loss account for quarter ended March 31, 2016 which portrayed a profit of Rs. 79,209 and earnings per share 0.77 basic and diluted.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

National Foods Limited was incorporated in Pakistan on February 19, 1970 as a private limited company and began its operations as a spice company On March 30, 1988 the company was converted to a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The company is principally engaged in the manufacture and sale of convenience based food products. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located at Karachi.

The symbol “NATF” is being used by the stock exchanges for the shares of National Foods Limited.