Transaction of 132,000 shares of Redco Textiles Limited

Karachi, Redco Textiles Limited informed Pakistan Stock Exchange about transaction of shares of the company. 1,000 shares @ Rs. 6.98 per share were bought from the market on September 22, 2021, 10,000 shares @ Rs. 7.15 per share were bought from the market on September 22, 2021, 10,000 shares @ Rs. 7.20 per share were bought from the market on September 22, 2021, 10,000 shares @ Rs. 7.20 per share were bought from the market on September 22, 2021, 10,000 shares @ Rs. 7.25 per share were bought from the market on September 22, 2021, 10,000 shares @ Rs. 7.45 per share were bought from the market on September 22, 2021, 25,000 shares @ Rs. 7.50 per share were bought from the market on September 22, 2021, 5,000 shares @ Rs. 7.55 per share were bought from the market on September 22, 2021, 5,000 shares @ Rs. 7.60 per share were bought from the market on September 23, 2021 and 55,000 shares @ Rs. 7.50 per share were bought from the market on September 23, 2021 through CDC.

Redco Textiles Limited is a Public Limited Company which commenced operations in October 1991. It was incorporated. Redco’s principal activities include manufacture and sale of yarn and greige fabric.

The total numbers of shares are 49,292,600. The Earnings per share is 0.43 in 2020 which was 0.02 in 2019.The Profit after Taxation of the Company is 20,953,000 in 2020 which was 942,000 in 2019.