Unusual Movement in Price of Volume of J. A. Textile Mills Limited

Karachi, J. A. Textile Mills Limited informed Pakistan Stock Exchange that M/s. J. A. Textile Mills Limited does not have any material or price sensitive information to disclose. Therefore, completely disassociated with the recent price/volume surge in the shares of M/s. J. A. Textile Mills Limited.

J.A. Textile Mills Limited was incorporated in Pakistan on May 25, 1987. The principal activity of the company is manufacturing and sale of yarn. The Mill is situated at Tehsil Jaranwala, District Faisalabad in the province of Punjab and the registered office of the Company is situated at Madina Town, Faisalabad. The Company started commercial production in April, 1992.

The total numbers of shares are 12,601,200. The Earnings per share is 0.60 in 2020 which was (0.00) in 2019. The Profit after Taxation is 7,548,000 in 2020 which was (42,000) in 2019.