Pakistan Company News – Financial results of Ali Asghar Textile Mills Limited for Year ended June 30, 2018

Financial results of Ali Asghar Textile Mills Limited for Year ended June 30, 2018

Karachi, Ali Asghar Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on October 08, 2018.

The agenda of the meeting was discussion of profit and loss account for year ended June 30, 2018 which portrayed a loss of Rs. 4,878,545 with loss per share 0.11 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from October 20, 2018 to October 29, 2018 (both days inclusive).

Ali Asghar Textile Mills Limited is a company incorporated in Pakistan. It is a public limited company under the Companies Ordinance, 1984. The company is engaged in the business of manufacturing and selling yarn. The registered office of the company is located in Karachi. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan.

The products manufactured by the company include compact yarn, polyester yarn and viscose yarn.

The symbol “AATM” is being used by the stock exchange for the shares of Ali Asghar Textile Mills Limited.