Appointment of Director and Chief Executive Officer of Ahmad Hassan Textile Mills Limited

General

Karachi, Ahmad Hassan Textile Mills Limited informed Pakistan Stock Exchange that Mr. Mohammad Haris as Chief Executive Officer and MR. Haseeb Haris Mughal, Mrs. Bushra Ali and Mr. Muhammad Umar Farooq Janjua have been appointed as Directors of the Company with effect from November 03, 2021.

Ahmad Hassan Textile Mills Limited was incorporated in Pakistan on December 03, 1989 as a Public Limited Company. The Mill of the Company is Located in District Muzaffargarh.

The Company is engaged in the manufacturing and sale of yarn and fabric. The Company also started cotton ginning business by taking ginning factory on lease from its associated undertaking. The stocks of the Company are quoted on Pakistan Stock Exchange.

The total number of shares the company has issued are 14,408,260 where the Earnings Per Share in 2020 is 8.40 which was 2.84 in 2019. The Profit After Taxation has increased in 2020 and is 121,031,000 which was 40,956,000 in 2019.