Karachi, Dewan Textile Mills Limited informed Pakistan Stock Exchange that the seven member have been elected as Directors of the company with effect from January 27, 2022 for the next tenure of three years.
Dewan Textile Mills Limited was incorporated in Pakistan on 16 April 1970 as a public limited company. The principal activity of the Company is manufacturing and sale of yarn. However, the Company has suspended its manufacturing operations since December 2015.
The shares of the Company are 46,064,609. The Earnings per shares of the company is (13.17) in 2020 which was (18.98) in 2019. The Company had a loss of 606,778,000 in 2020 which was 874,172,000 in 2019.