Security Papers Limited (SPL) held its 60th Annual General Meeting (AGM) at its Registered Office in Karachi.
The meeting was chaired by Mr. Mohammad Aftab Manzoor, Chairman of the Board, and was attended by other members of the Board of Directors and Senior Management.
The shareholders reviewed and approved the Company’s sustained financial performance for the year, evidenced by an 8% increase in gross profit to PKR 2,204 million and sales revenue of PKR 7,871 million which is 8% higher than last year. The net profit of the year 2024-25 was recorded at PKR 1,524 million.
Shareholders also approved the dividend of PKR 11.50 per share, representing 115%, which includes an interim dividend of PKR 2.50 per share paid earlier in the year and a final cash dividend of PKR 9.0 per share.
The shareholders appreciated the management’s diligent efforts to maintain the Company’s growth, leading to continued profitability and investor confidence. Over the past year, the Company has worked on several projects to enhance productivity by integrating advanced technologies, including recycling waste water and generating electricity using renewable sources, to achieve sustainable growth.
As SPL enters its seventh decade, it remains committed to producing the highest-quality products while positioning itself as a market leader through sustainable and innovative practices.
