Transaction of 601,500 shares of Crescent Fibres Limited

Karachi, Crescent Fibres Limited informed Pakistan Stock Exchange about transaction of shares of the company. 1,500 shares @ Rs.58.34 per share were bought from the market on November 19, 2021, 300,000 shares @ Rs. 0.00 per share were gift-out the market on November 22, 2021¸150,000 shares @ Rs. 0.00 per share were gift in the market on November 22, 2021 and 150,000 shares @ Rs. 0.00 per share were gift in the market on November 22, 2021 through CDC.

Crescent Fibres Limited was incorporated in Pakistan on August 06, 1977 as a Public Limited Company. Initially they were working on wood related products, but then they started Chemical Division and a Textile Division. The wood related and chemical operations have been discontinued then. The Company is principally engaged in the manufacturing and sale of yarn.

The total number of shares the Company introduced are 12,417,876. The Earnings per shares is 8.76 in 2020 which was 9.12 in 2019. Their Profit after Taxation is 108,769,000 in 2020 which was 113,194,000 in 2019.