⚡ Flash Summary

Murree Brewery’s Annual General Meeting on October 24, 2025, approved the annual audited financial statements for the year ended June 30, 2025. A final cash dividend of 145% (Rs. 14.50 per share) was approved, in addition to the interim cash dividends of 270% (Rs. 27 per share). This brings the total cash dividend for the year to 415%. KPMG Taseer Hadi & Co. will continue as auditors until the conclusion of the next AGM.

📌 Key Takeaways

• ✅ Annual audited financial statements for the year ended June 30, 2025, approved.
• 💰 Final cash dividend of 145% (Rs. 14.50/share) approved.
• 💵 Interim cash dividends of 270% (Rs. 27/share) already paid.
• 🎉 Total cash dividend for the year ended June 30, 2025, is 415%.
• 👨‍💼 KPMG Taseer Hadi & Co. re-appointed as auditors.
• 🗓️ Auditors’ term extends to the conclusion of the next AGM.
• 📈 Dividend payout reflects company’s financial health.
• 👍 Shareholder approval indicates confidence in management.
• 🍺 Consistent dividend policy maintained.
• 🔒 No major changes in auditors indicates stability.
• 🔍 Detailed financial statements available for review.
• 📢 AGM held in compliance with Pakistan Stock Exchange regulations.
• 📜 Resolutions passed as per the Rule Book of Pakistan Stock Exchange

🎯 Investment Thesis

HOLD. Murree Brewery’s consistent dividend policy and strong financial performance make it an attractive investment. However, potential market and regulatory risks suggest a cautious approach. A price target cannot be accurately determined without detailed financial statements and further analysis. Given the information available, a HOLD recommendation is appropriate.