Pakistan Synthetics Management

Management criteria checks 2/4

Pakistan Synthetics' CEO is Yakoob Karim, appointed in Jan 2019, has a tenure of 5.33 years. directly owns 27.75% of the company’s shares, worth PKR848.72M. The average tenure of the management team and the board of directors is 4.3 years and 4.9 years respectively.

Key information

Yakoob Karim

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	5.3yrs
CEO ownership	27.8%
Management average tenure	4.3yrs
Board average tenure	4.9yrs

Recent management updates

Recent updates

CEO

Yakoob Karim

5.3yrs

Tenure

Mr. Yakoob Haji Karim serves as an Executive Director of Pakistan Synthetics Ltd and has been its Chief Executive since 2019. Mr. Karim is Graduate in Textile Engineering from University of Salford, Manche...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Yakoob Karim	Chief Executive & Executive Director	5.3yrs	no data	27.75% PKR 848.7m
Shahid Yaqoob	Chief Financial Officer	3.3yrs	no data	no data
Noman Yakoob	Executive Director	5.3yrs	no data	29.84% PKR 912.5m
Jaffar Iqbal	Head of Internal Audit	no data	no data	no data
Muhammad Imran	Company Secretary	3.3yrs	no data	no data

4.3yrs

Average Tenure

Experienced Management: PSYL's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Yakoob Karim	Chief Executive & Executive Director	no data	no data	27.75% PKR 848.7m
Noman Yakoob	Executive Director	5.3yrs	no data	29.84% PKR 912.5m
Abid Umer	Non-Executive Director	no data	no data	0.00059% PKR 18.0k
Mubbashir Amin	Non-Executive Director	3.7yrs	no data	0.00059% PKR 18.0k
Faraz Bandukda	Independent Director	4.9yrs	no data	0.00091% PKR 27.8k
Ali Kamal	Independent Director	6.2yrs	no data	no data
Khurshid Akhtar	Independent Non-Executive Chairman	3.7yrs	no data	0.00059% PKR 18.0k

4.9yrs

Average Tenure

Experienced Board: PSYL's board of directors are considered experienced (4.9 years average tenure).

Pakistan Synthetics Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Less than half of directors are independent

Pakistan Synthetics Limited Appoints Khurshid Akhtar as Chairman of the Board of Directors

Pakistan Synthetics Limited Announces Change of Chief Financial Officer

Pakistan Synthetics Limited Announces Director Changes

Recent updates

New major risk - Share price stability

New major risk - Financial position

Full year 2023 earnings released: EPS: PK₨5.75 (vs PK₨7.11 in FY 2022)

Investor sentiment improves as stock rises 24%

Investor sentiment improves as stock rises 15%

Less than half of directors are independent

Investor sentiment deteriorates as stock falls 18%

Investor sentiment improves as stock rises 21%

Investor sentiment deteriorated over the past week

Full year 2022 earnings released: EPS: PK₨10.67 (vs PK₨8.09 in FY 2021)

Less than half of directors are independent

Pakistan Synthetics Limited Appoints Khurshid Akhtar as Chairman of the Board of Directors

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released: EPS PK₨3.41 (vs PK₨1.00 in 1Q 2021)

Upcoming dividend of PK₨2.50 per share

Full year 2021 earnings released: EPS PK₨8.90 (vs PK₨1.39 loss in FY 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS PK₨2.57 (vs PK₨0.47 in 3Q 2020)

Pakistan Synthetics Limited Announces Change of Chief Financial Officer

Second quarter 2021 earnings released: EPS PK₨0.18 (vs PK₨0.28 loss in 2Q 2020)

Chief Financial Officer has left the company

New 90-day high: PK₨21.10

New 90-day high: PK₨21.00

New 90-day high: PK₨19.06

First quarter earnings released

New 90-day low: PK₨15.90

Full year earnings released - PK₨1.39 loss per share

Full year earnings released - PK₨1.39 loss per share

Pakistan Synthetics Limited Announces Director Changes

New 90-day high - PK₨18.80

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure