Karachi, Abbott Laboratories Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on February 26, 2021 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended December 31, 2020.
Further, the company has declared the closed period from February 15, 2021 to February 26, 2021.
Abbott Laboratories Limited is a public limited company, was incorporated in Pakistan on July 2, 1948. Abbott started operations in Pakistan as a marketing affiliate in 1948. The company is engaged in the manufacturing, importing and marketing of research based pharmaceutical, nutritional, diagnostic, diabetic care, molecular devices, hospital’s and consumer products. The company also provides toll manufacturing services. The stocks of the company are quoted on the Pakistan Stock Exchange. The registered office of the company is located in Karachi.
The symbol “ABOT” is being used by the stock exchanges for the shares of Abbott Laboratories Limited.
The Company’s EPS is increased by 51.7% & the new profit margin is 4.31. The financial year is ending up on December 2020.
Abbott’s core businesses focus on diagnostics, medical devices, branded generic medicines and nutritional products, which have been supplemented through acquisitions.
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