Karachi, Blessed Textiles Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on September 27, 2021.

The agenda of the meeting was discussion of profit and loss account for Year ended June 30, 2021 which portrayed a profit of Rs. 2,145,301,176 with earnings per share 333.54 basic and diluted respectively.

Further, 330% payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from October 19, 2021 to October 27, 2021 (both days inclusive).

Blessed Textiles Limited was incorporated in Pakistan as a Public Limited Company. The Company is primarily 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 6,432,000. The Earnings per share is 66.12 in 2020 which was 98.79 in 2019. The Profit after Taxation is 425,277,000 in 2020 which was 635,425,000 in 2019.