Karachi, Premium Textile Mills Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 27, 2021 at Karachi.
The agenda of the meeting will to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended June 30, 2021 together with the Directors and Auditors Reports thereon, to approved the cash dividend @500%, i.e. Rs. 50/- per shares, to appoint auditors for the year ending June 30, 2022 and fix their remuneration and to transact any other business with the permission of the chair.
A premium textile mill was incorporated in Pakistan on March 03, 1987. The principal activity of the company is to manufacture and sell cotton and Polyester Yarn. The total numbers of shares are 6,163,000. The Earnings per share is 29.44 in 2020 which was 74.91 in 2019. The Profit after Taxation is 181,452,000 in 2020 which was 461,655,000 in 2019.