Resolution passed by the Board of Directors of Salman Noman Enterprise Limited

Karachi, Salman Noman Enterprise Limited informed Pakistan Stock Exchange that the resolution passed by the board of Directors of the Company in their meeting held on October 07, 2021 at Lahore.

Salman Noman Enterprises Limited was incorporated in Pakistan on November 05, 1985 as a Public Limited Company. The principal business of the company is to manufacturing and sale of yarn. The Company had ceased its operations since February 2018.

The total number of shares are 4,467,036. The Earnings per share is (6.88) in 2020 which was (7.21) in 2019. The Company had a loss of Rs. 30,745,000 in 2020 which was (32,204,000) in 2019.