Karachi, Quetta Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on October 01, 2021.

The agenda of the meeting was discussion of profit and loss account for year ended June 30, 2021 which portrayed a loss of Rs. 368,304,240 with loss per share 28.33 basic and diluted respectively.

Further, nil 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 26, 2021 (both days inclusive).

Quetta Textile Mills Limited was incorporated in Pakistan as a Public limited Company on January 29, 1970. The company is principally engaged in manufacturing and sale of Yarn and Fabric.

The total numbers of shares are 13,000,000. The Earnings per share is (54.93) in 2020 which was (28.38) in 2019. The Company had a loss of Rs. 714,070,000 in 2020 which was 368,904,000 in 2019.