Board of directors meeting of Bilal Fibres Limited

Board Meetings

Karachi, Bilal Fibres Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 05, 2021 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from September 24, 2021 to October 05, 2021.

Bilal Fibres Limited was first established in 1987. The company is limited by shares, incorporated in Pakistan and is quoted on Pakistan stock exchange. The principal business of the company is manufacturing and sale of yarn. The mill is located at 38-KM Sheikhupura Road, Tehsil Jaranwala, District Faisalabad. The current capacity of the project is over 30,000 ring spindles. Bilal Fibres Ltd is also an active member of Lahore Chamber of Commerce and Industry and All Pakistan Textile Mills Association.

The total number of shares are 14,100,000. The Earnings per share is (2.12) in 2020 which was (0.62) in 2019. The Company had a loss of Rs. 29,953,000 in 2020 which was 8,682,000 in 2019.