COMPANY PROFILE
Board of Directors
Khalid H. Shah Jazim Shah MohsinKhursheed Ali Kausar KhanChief Executive/ Director Director / Chairman Director
Mahmooda Shah S. Faisal Shah Farooq Raza
Director Director Director
Director
Board Audit Committee
MohsinKhursheed Jazim Shah Mahmooda ShahChairman Member Member
Human Resource Committee
MohsinKhursheed
S. Faisal Shah Mahmooda Shah
Chairman Member Member
Chief Financial Officer / Company Secretary
Ali Ahmar
Auditors
UHY Hassan Naeem & Co.
Legal Advisor
Maqsood Ahmad Bullo & Company Advocate
Bankers
MCB Bank Ltd Summit Bank Ltd Bank Al-falah LtdUnited Bank Ltd Askari Bank Ltd Bank Al Habib LtdFaysal Bank Ltd Meezan Bank Ltd
Registered Office/Factory
Plot # 23/C, 15th Commercial Street Phase II Extension, Defence Housing Authority, Karachi. Phone: (021) 35880771-2 Fax: (021) 35880773
E-mail:leatherup@cyber.net.pk
Web site: leatherupltd.com
Share Registrar Office
M/s C&K Management Associates (Pvt) Limited
404, TradeTower, Abdullah Haroon Road, Near Hotel Metroplole, Karachi-75530 Phone: (021) 35687839- (021) 35685930
DIRECTORS REPORT
The Directors of your Company have pleasure in submitting the report on Financial Statements for the Period Ended December 31, 2021 (UNAUDITED).
Company Performance:
Company's net revenue for the half year ended July'21 to Dec'21 stood at Rs. 11.996 million as compared to net revenue of Rs. 13.083 million of the corresponding period of last year. Despite the fact that in comparative period of last year, company's revenue was more than current period but the profitability has increased in current period due to tight control and monitoring over cost.
Future Out look
In spite of various challenges, the company for its part remains focused on improving its operational efficiencies, exploring new markets, effectively minimizing the production costs and focusing on the right performance levers.
Despite uncertainty all over the world in general and leather industry in particular, the management of your company is very keen to safeguard the interest of shareholders of the company. We are trying our level best to remain stable in the current situation, and are making best efforts to have export orders of considerable value from its existing buyers/customers as well as exploring new markets in order to maintain its exports on upward trends. We do hope that the company would be able to make reasonable exports in the upcoming future. Company is aggressively participating in international forum to boost up the sales.
Workers Management Relation:
The management will like to put on the record valued contribution of all members of the staff, workers towards achieving results in general and we wish to place on record our gratitude to the shareholders for their continued support in difficult times and hope to continue the same in the coming years. The worker management relation remained excellent throughout the year, which resulted in the smooth operation of your company. This is team work and we hope it shall continue in the same spirit during the coming years.
Thanks and Appreciation
Thanks to our shareholders for their trust and support now as well as in difficult times
By order of the board
Karachi: March 28, 2022
Khalid H. Shah (Chief Executive Officer)
۔ٹروپر زرٹکیرئاڈ
ےنارک عمج ٹروپر یتایلام )ہدش چناج ریغ( ےیل ےک تدم یلاو ےنوہ متخ وک 2021 ربمسد 31 وک زرٹکیرئاڈ ےک ینپمک یک پآ ۔ےہ یشوخ ںیم
گدرکراک یک ینپمک
لاس ہتشزگ وج یہر ےپور نیلم 11.996 یندمآ یک ینپمک ےیل ےک یہامشش یلاو ےنوہ متخ کت 2021 ربمسد ےس 2021 یئوج ہدوجوم یندمآ یک ینپمک ۔ںیم تدم یلباقت یک لاس ہتشزگ ہک دوجواب ےک تقیقح سا ۔یھت ےپور نیلم 13.083 ےک تدم یسا یک ۔ےہ اوہ ہفاضا ںیم عفانم ںیم تدم ہدوجوم ےس ہجو یک ینارگن روا لورٹنک تخس رپ تگ نکیل یھت ہدایز ےس تدم
ہیرظن اک لبقتسم ےقیرط رثؤم وک تگ یراوادیپ ، شت یک ںویڈنم یئن ، ےنانب رتہب وک ںوتیحص لنشیرپآ ینپا ینپمک ، دوجواب ےک ںوجنلیچ فلتخم ۔ےہ زوکرم رپ ےنرک زوکرم ہجوت ینبم رپ یگدرکراک حیحص روا ےنرک مک ےس.
صصح ےک ینپمک ماظتنا اک ینپمک یک پآ ، دوجواب ےک لاحتروص ینیقیریغ ںیم ایند یروپ ںیم تعنص یک ےڑمچ رپ روط صاخ یروپ یک حطس ینپا ےئل ےک ےنہر مکحتسم ںیم لاحتروص ہدوجوم مہ .۔ےہ دنم شہاوخ تہب ےئل ےک ظفحت ےک تادافم ےک ناگتفای ھتاس ھتاس ےک ےنرک لصاح رڈرآ یدمآرب ےک تمیق ہاوخ رطاخ ےس نیفراص / ںورادیرخ ہدوجوم ےنپا روا ، ںیہ ےہر رک ششوک ل ےک شت یک ںوٹیکرام یئن best مہ .۔ںیہ ےہر رک ششوک یروپ ےئل ےک ےنھکر رارقرب رپ تاناحجر ےک رپوا وک تادمآرب ینپا ںیم مروف یماوقا نیب ےئل ےک ےناھڑب وک تخورف ینپمک .۔یگ ےکس رک تادمآرب بسانم ںیم لبقتسم ہدنئآ ینپمک ہک ںیہ ےترک دیما ۔۔ےہ یہر ےل ہصح رپ روط ہناحراج.
۔پش نشیلیر ٹنمجنیم زرکرو
یگ ےہاچ انھکر فرط یک لوصح ےک جئاتن رپ روط ماع وک تکارش ردق لباق ڈراکیر یک ںونکراک ، ںوربمم مامت ےک ےلمع ہیماظتنا حرط یسا ہک ےہ دیما روا ےئاج ایک ادا ہیرکش اک نا رپ تیامح لسلسم یک ناگتفای صصح ںیم تاقوا لکشم ہک ںیہ ےتہاچ مہ روا ہی .۔اوہ لمع راومہ اک ینپمک یک پآ ںیم ےجیتن ےک سج ، اہر ہدمع رھب لاس ہتشر اک ٹنمجنیم رکرو .لاس ےلاو ےنآ ۔اگ ےہر یراج ۔اگ ےہر یراج ےس ےبذج یسا یھب ںیم ںولاس ےلاو ےنآ ہک ںیہ ےترک دیما مہ روا ےہ ماک اک میٹ.
فیرعت روا ہیرکش ۔ہیرکش یھب ںیم تاقوا لکشم ھتاس ھتاس ےک نواعت روا دامتعا ےک نا اک ناگتفای صصح ےرامہ
۔ےس مکح ےک ڈروب
یچارک
28-03-2022
۔ہاش نیسح دلاخ
۔وٹکیزگیا فیچ
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Leather Up Ltd. published this content on 29 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 March 2022 09:53:02 UTC.