Corporate Briefing Session of Crescent Cotton Mills Limited

Karachi, Crescent Cotton Mills Limited informed Pakistan Stock Exchange that the corporate briefing session of the company will be held on January 11, 2022 at Faisalabad, to brief the analysts/shareholders/investors about the company’s financial performance and future outlook.

The Crescent Cotton Mills Limited is a public limited company incorporated in March, 1959 in Pakistan. The company is engaged in the business of textile manufacturing comprising of spinning, combing, weaving, dyeing, bleaching, printing, stitching, buying, selling and otherwise dealing in yarn, cloth and other goods and fabrics made from raw cotton and synthetic fiber and to generate, accumulate, distribute, supply and sale of electricity.

The total shares of the Company are 80,000,000. The Earnings per share 0.42 in 2020 which was 2.98 in 2019. The Profit after Taxation is 33,599,000 in 2020 which was 238,589,000 in 2019.