Karachi, Feroze 1888 Mills Limited informed Pakistan Stock Exchange that the Central Depository Company of Pakistan Limited (“CDC”) has declared the Letter of Rights of the Company as Central Depository System (“CDS”) eligible security with effect from November 18, 2021 through its notice on November 17, 2021.
Feroze 1888 Mills Limited was incorporated in Pakistan as a public limited company in October 1972. The Company is principally engaged in the production and export of towels.
The shares of the company are quoted on the Pakistan Stock Exchange that are 376,800,968. The Earnings per shares of the Company is 7.80 in 2020 which was 15.90 in 2019. Their Profit after Taxation is 2,937,221,000 in 2020 which was 5,989,810,000 in 2019.