Day: February 28, 2022

Karachi, Samin Textiles Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on February 28, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2021 which portrayed a loss of Rs. 653,266 with loss per share 0.02 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Samin Textiles Limited is a public limited company belonging to a leading industrial group based in Pakistan is offering a wide range of textile products. Samin Textiles Limited was incorporated in Pakistan on November 27, 1989 as a public limited company. The principal business of the Company is trading, import and export of textile products.

The total numbers of shares are 26,728,000. The Earnings per share is (0.07) in 2020 which was 3.41 in 20219. The Profit After Taxation in 2020 is (1,903,000) which was 91,152,000 in 2019.

Karachi, Dewan Cement Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 25, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2021 which portrayed a profit of Rs. 130,738 with earnings per share 0.27 basic and diluted respectively.

Further, 15% payment of cash dividend, bonus shares and right shares was agreed.

Dewan Cement Limited was incorporated in Pakistan as a public limited company in March, 1980. The principal activity of the company is to manufacture and sell cement. The Company is an ISO 9001:2008 certified company which has a capacity to produce more than 2,880,000 tons per annum from two separate manufacturing units, comprising of Pakland Cement Limited, and Saadi Cement Limited which was increased to capacity of 300,000 TPA and then 750,000 TPA.

The total number of shares the company has introduced are 484,113,343. The Earning Per Share in 2020 is (2.74) which was (0.57) in 2019. The company had a loss of Rs. 1,324,465,000 compare to a loss of Rs. 275,304,000 in 2019.

Karachi, Ahmad Hassan Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Multan on February 26, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2021 which portrayed a profit of Rs. 60,161,701 with earnings per share 7.10 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Ahmad Hassan Textile Mills Limited was incorporated in Pakistan on December 03, 1989 as a Public Limited Company. The Mill of the Company is Located in District Muzaffargarh.

The Company is engaged in the manufacturing and sale of yarn and fabric. The Company also started cotton ginning business by taking ginning factory on lease from its associated undertaking. The stocks of the Company are quoted on Pakistan Stock Exchange.

The total number of shares the company has issued are 14,408,260 where the Earnings Per Share in 2020 is 8.40 which was 2.84 in 2019. The Profit After Taxation has increased in 2020 and is 121,031,000 which was 40,956,000 in 2019.

Karachi, National Silk and Rayon Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Faisalabad on February 28, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2021 which portrayed a loss of Rs. 21,905,567 with loss per share 1.41 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

The Company is a Public Limited Company, incorporated in Pakistan on June 27, 1950. The principal activity of the company is dyeing, bleaching, finishing and embroidery of fabrics.

The Company is listed on Pakistan Stock Exchange and their total numbers of shares are 15,553,133. The Earnings per shares of the Company is (3.02) in 2020 which was 1.12 in 2019. The Profit After Taxation in 2020 is (46,907,000) which was 17,414,000 in 2019.

Karachi, Dewan Salman Fibre Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 25, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2021 which portrayed a loss of Rs. 249,218 with loss per share 0.69 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Dewan Salman Fibre Limited was incorporated in Pakistan on October 04, 1989. The company is engaged in the manufacturing and sale of polyester, acrylic fiber and tow products.

The shares of the Company are 366,321,085. The Earnings per shares of the company is (2.53) which was (4.67) in 2019. The Company had a loss of 927,876,000 in 2020 which was 1,709,795,000 in 2019.

Karachi, Bannu Woollen Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Rawalpindi on February 26, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2021 which portrayed a profit of Rs. 47,406 with earnings per share 4.99 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Bannu Woollen Mills Ltd was established by PIDC in 1953 and as such is the oldest woolen industry of Pakistan. On disinvestments by PIDC in 1964, it was purchased by Bibojee Group of Companies founded by a renowned industrialist of the country Late Lt.Gen.(R)M. Habibullah Khan Khattak. This group of companies is engaged in the manufacture of a vast range of products, providing jobs to thousands of hands directly and many more indirectly through down-stream industries and is making considerable contribution to the National exchequer and the GDP.

The mills was made a public limited company in 1992 and is quoted at Karachi/Islamabad Stock Exchanges.

The company’s quality management system has been certified and registered against ISO 9001-2000 standards by M/S Moody International Certification Ltd; with accreditation to M/S UKAS(U.K).

The Mills manufactures a variety of woollen products which include tweed, blazer, velour, superior/donigal/honey shirting, byla & byma for light winter wear, blankets, shawls, services dress cloth, upholstery and curtain cloth etc. in attractive shades and designs.

The symbol “BNWM” is being used by the stock exchange for Bannu Woollen Mills Limited.

Karachi, Reliance Cotton Spinning Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on February 25, 2022.

The agenda of the meeting was discussion of consolidated profit and loss account for quarter ended December 31, 2021 which portrayed a profit of Rs. 705,568,646 with earnings per share 75.03 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

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.

Karachi, Rafhan Maize Products Company Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Dubai on February 25, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2021 which portrayed a profit of Rs. 2,748 with earnings per share 1.91 basic and diluted respectively.

Further, 1,500% payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from April 15, 2022 to April 19, 2022 (both days inclusive).

Rafhan Maize Products Company Limited was incorporated in Pakistan. Ingredion Incorporated Chicago, U.S.A., holds majority shares of the Company. The Company uses maize as the basic raw material to manufacture and sell a number of industrial products, principal ones being industrial starches, liquid glucose, and dextrose, dextrin and gluten meals.

The total number of shares are 9,236,400. The Earnings per share is 659.80 in 2020 which was 589.36 in 2019. The Profit after Taxation of the Company 6,094,231,000 in 2020 which was 5,443,566,000 in 2019.