Independent Auditors Report of D M Textile Mills Limited

Karachi, D M Textile Mills Limited informed Pakistan Stock Exchange that the substantial changes in business activities has taken place as a result of spread of COVID-19 Pandemic throughout the world. It still prevails and there has been no respite in this regard. Anticipating of better time ahead, the company has passed two special resolutions in its Annual General Meeting on October 27, 2020.

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.