Corporate Briefing Session of Reliance Cotton Spinning Mills Limited

Karachi, Reliance Cotton Spinning Mills Limited informed Pakistan Stock Exchange that the corporate briefing session of the company will be held on November 01, 2021 through video link, to brief the performance and results of the Company for the year ended June 30, 2021.

Reliance Cotton Spinning Mills Limited was incorporated in Pakistan on June 13, 1990 as a public limited company. The principal activity of the Company is manufacturing and sale of yarn.

Reliance cotton spinning mills ltd. Sapphire group had installed the Latest Machinery with capacity to produces Premium quality yarn from 6 Ne to 80 Ne (single & double), plied, Slubs, mélanges, blends and variety of other yarns from Special Fibers.

The total numbers of shares are 10,292,000. The Earnings per share is 26.64 in 2020 which was 37.96 in 2019. The Profit after Taxation is 274,182,000 in 2020 which was 390,682,000 in 2019.