Karachi, Crescent Cotton Mills Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 28, 2021 at Karachi.
The agenda of the meeting will to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended June 30, 2021 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending June 30, 2022 and fix their remuneration and to transact any other business with the permission of the chair.
The Crescent Cotton Mills Limited is a public limited company incorporated in March, 1959 in Pakistan. The company is engaged in the business of textile manufacturing comprising of spinning, combing, weaving, dyeing, bleaching, printing, stitching, buying, selling and otherwise dealing in yarn, cloth and other goods and fabrics made from raw cotton and synthetic fiber and to generate, accumulate, distribute, supply and sale of electricity.
The total shares of the Company are 80,000,000. The Earnings per share 0.42 in 2020 which was 2.98 in 2019. The Profit after Taxation is 33,599,000 in 2020 which was 238,589,000 in 2019.