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Change of Chairman and Chief Executive Officer of D M Textile Mills Limited

Karachi, D M Textile Mills Limited informed Pakistan Stock Exchange that Mr. Mian Habib Ullah and Mr. Sami Ullah have been appointed as Chairman and Chief Executive Officer of the Company.

D.M. Textile Mills Limited, formerly D.M. Industries Limited, is a public limited company incorporated in Pakistan. The Company is engaged in the business of manufacturing, sale and trading of cotton, polyester, viscose and blended yarn.

The total number of shares of the Company is 3,052,400. The Earnings per share is 4.43 in 2020 which was (2.41) in 2019. The Profit after Taxation of the Company is 13,509,000 in 2020 which was (7,341,000) in 2019.