Board of directors meeting of Faisal Spinning Mills Limited

Karachi, Faisal Spinning Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on September 27, 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 20, 2021 to September 27, 2021.

Faisal Spinning Mills Limited is incorporated in Pakistan as a Public Limited Company. The Company is primarily a spinning and weaving unit engaged in the manufacture and sale of yarn and woven fabric, however, it is also engaged in the generation of electricity for self-consumption.

The total numbers of shares are 10,000,000. The Earnings per share is 52.39 in 2020 which was 57.79 in 2019. The Profit after Taxation is 523,879,000 in 2020 which was 577,855,000 in 2019.