Pak Elektron Limited Reports Earnings Results for the Full Year Ended December 31, 2019

Pak Elektron Limited is a Pakistan-based company, which is engaged in the manufacturing and sale of electrical capital goods and domestic appliances. The Company provides various appliances and power products. Its Power Division is engaged in the manufacturing and distribution of transformers, switchgears, energy meters, power transformers, construction of grid stations and electrification works. Its Appliances Division is engaged in the manufacturing, assembling and distribution/sale of Refrigerators, air conditioners, deep freezers, microwave ovens, Washing Machines, Water Dispensers, LED televisions and other domestic appliances. Its EPC Department takes up turnkey contracts involving engineering, procurement, and construction (EPC) for building power infrastructure projects comprising electrical networks/electrification and grid stations up to 220 kilovolts (KV) level. The Company constructs power grid stations for government as well as private customers.