Corporate Briefing Session of Saif Textile Mills Limited

General

Karachi, Saif Textile Mills Limited informed Pakistan Stock Exchange that the corporate briefing session of the Company will be held on November 23, 2021 at Islamabad, to brief analysts/shareholders/ about the Company’s financial performance and outlook for the year ended June 30, 2021.

Saif Textile Mills Limited is a Public Listed Company on the Karachi Stock Exchange commenced commercial production on 1st January 1992. It is principally engaged in the manufacture and sale of Compact Cotton and Synthetic Yarns.

The Company is positioned towards various segments of the market offering a diverse product line to fulfill demands of customers worldwide for multiple end-uses including Denim, Apparel, Shirting, Home Textile and Technical Fabrics.

The total numbers of shares are 26,412,900. The Earnings per share is (25.43) in 2020 which was 31.44 in 2019. The Profit after Taxation is (671,610,000) in 2020 which was 830,319,000 in 2019.