Material Information of Suhail Jute Mills Limited

Karachi, Suhail Jute Mills Limited informed Pakistan Stock Exchange that the finalization of the Audit for the year ended June 30, 2022 will be delayed due to differences in interpretation of the application of revised standards. The matters are being addressed and it is expected that any compliance issue will be resolved to the satisfaction of the auditors and the company enabling the finalization of the Audit.

“Suhail Jute Mills Limited is one of the Industrial Machinery & Services in Rawalpindi, Punjab, located in 125-Murree Road. It is listen in Pakistan Stock Exchange.

The symbol “SUHJ” is being used by the stock exchanges for the shares of Suhail Jute Mills Limited.”

Annual general meeting of Artistic Denim Mills Limited to be held on October 25, 2022

Karachi, Artistic Denim Mills Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 25, 2022 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, 2022 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending June 30, 2023 and fix their remuneration and to transact any other business with the permission of the chair.

Further, the closed period of the company is from October 17, 2022 to October 25, 2022 (both days inclusive).

“Artistic Denim Mills Limited is a public listed company which started production in 1993 and persistently offering premium fabrics with multiple colors, shades and garments with extensive array of washes. Artistic Denim Mills Limited is engaged in the business of manufacturing of dyed denim fabric, yarn, and value-added textile products.

The company is a complete vertical unit converting cotton to finished garments, and is equipped with rope dyeing machines with a capacity of 140,000 meters.

The shares of the company are quoted on Pakistan stock Exchange, and the symbol “ADMM” is being used by the stock exchange for the shares of Artistic Denim Mills Limited.

The total number of shares they issued are 84,000,000. Earning Per Shares has decreased in 2020 which is 1.35 compare to 10.32 in 2019. The Net Profit Margin percentage has also decreased in 2020 which is 1.43% whereas it was 11.16% in 2019.”

Annual Review Meeting of Certificate Holders of First Habib Bank Modaraba

Karachi, First Habib Bank Modaraba informed Pakistan Stock Exchange that the Annual Review Meeting of certificate holders of the Company is scheduled to be held on October 25, 2022 at Karachi.

Further, the Certificate holders whose names appear in the register of certificate holders of the company as on October 17, 2022 will be eligible to attend Annual Review Meeting.

“First Habib Modaraba was established in 1985 as Non-Bank Islamic Financial Institution as one of the pioneers within Modaraba sector. First Habib Modaraba is a perpetual, multi-purpose modaraba managed by Habib Metropolitan Modaraba Management Company (Private) Limited. The Modaraba is engaged in the business of leasing, Musharaka, Murabaha financing and other related business.

The total number of shares of the Company are 201,600,000. The Earnings per share is 1.57 in 2020 which was 1.59 in 2019. The Profit after Taxation of the Company is 316,683,000 in 2020 which was 319,685,000 in 2019.”

Annual general meeting of Towellers Limited to be held on October 26, 2022

Karachi, Towellers Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 26, 2022 at Karachi.

The agenda of the meeting will be confirming the minutes of Annual General Meeting held on October 27, 2021, to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended June 30, 2022 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending June 30, 2023 and fix their remuneration and to transact any other business with the permission of the chair.

Further, the closed period of the company is from October 19, 2022 to October 26, 2022 (both days inclusive).

“The company was incorporated in Pakistan as a private limited company on May 31, 1973 and subsequently converted into a Public Limited Company on June 22, 1994. The principle activity of the company is to manufacture and export textile make ups, garments and towels. The company is currently maintains in-house processing, weaving, knitting and finishing facilities.

Incorporated in 1987, the Towellers knit apparel division is vertically integrated unit that manufactures 6 million units annually and has the diversity of producing basic lines along with washed and embellished value added collections

The total numbers of shares are 17,000,000. The Earnings per share is 14.18 in 2020 which was 23.69 in 2019. The Profit after Taxation is 275,894,000 in 2020 which was 402,684,000 in 2019.”

Appointment of Director of Pakistan Tobacco Company Limited

Karachi, Pakistan Tobacco Company Limited informed Pakistan Stock Exchange that Mr. Gary Tarrant has been appointed as Non-Executive Director of the company with effect from October 04, 2022 in place of Mr. Shannon McLane’s.

“Pakistan Tobacco Company Limited was incorporated in 1947 immediately after partition, when it took over the business of the Imperial Tobacco Company of India which had been operational in the subcontinent since 1905.

The Company is a subsidiary of British American Tobacco (Investments) Limited, United Kingdom, whereas its ultimate parent company is British American Tobacco plc. United Kingdom. The Company is engaged in the manufacture and sale of cigarettes/ tobacco.

The total number of shares are 255,493,792. The Earnings per share is 64.55 in 2020 which was 50.45 in 2019. The Profit after Taxation is 16,492,490,000 in 2020 which was 12,889,229,000 in 2019.”

Corporate Briefing Session of Zephyr Textiles Limited

Karachi, Zephyr Textiles Limited informed Pakistan Stock Exchange that Corporate Briefing Session of the Company will be held on October 28, 2022 at Lahore, to brief the investors/analysts about Company Financial Performance and Outlook for the year ended June 30, 2022.

“Zephyr Textiles Limited was incorporated in Pakistan on February 26, 1999 as a private limited Company. Subsequently on October 04, 2004 it was converted into a public limited Company. The Company is principally engaged in the manufacturing, dying and trading of woven cloth which also includes towels.

The total numbers of shares are 59,428,729. The Earnings per share is 0.93 in 2020 which was 1.98 in 2019. The Profit after Taxation is 55,072,000 in 2020 which was 117,838,000 in 2019.”

Transmission of Annual Report for the Year Ended June 30, 2022 of Dawood Equities Limited

Karachi, Dawood Equities Limited informed Pakistan Stock Exchange that Annual Report of the Company for the year ended June 30, 2022 have been transmitted through PUCARS and is also available on Company’s website.

“Dawood Equities Limited was incorporated on May 3, 2006 as public limited company. DEL commenced commercial operations from October 03, 2006. DEL is also registered under the Securities and Exchange Commission of Pakistan as a broker. The Company’s principal business is trading and brokerage of listed equities, underwriting and other investments.

The total shares of the Company are 25,000,000. The Earnings per share is 0.32 in 2020 which was 0.02in 2019. Their Profit after Taxation is 8,104,000 in 2020 which was 480,000 in 2019.”

Financial results of Crescent Jute Products Limited for Year ended June 30, 2022

Karachi, Crescent Jute Products Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on October 04, 2022.

The agenda of the meeting was discussion of profit and loss account for Year ended June 30, 2022 which portrayed a profit of Rs. 51,215,334 with earnings per share 2.16 basic and diluted respectively.

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

Furthermore, the share transfer books of the company will remain closed from October 21, 2022 to October 28, 2022 (both days inclusive).

“Crescent Jute Products Limited is a public limited company, was incorporated in Pakistan on 1964. The Business Activities of the Company is manufacturing and selling of jute products including jute bags. The registered office is situated at Lahore Pakistan.

The Shares of the Company are 23,763,468. The Earnings per shares in 2020 is (0.83) which was (0.55) in 2019. The Company had a loss of Rs. 19,768,000 in 2020 compare to 13,110,000 in 2019.”

Financial results of Olympia Mills Limited for Year ended June 30, 2022

Karachi, Olympia Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on October 04, 2022.

The agenda of the meeting was discussion of profit and loss account for Year ended June 30, 2022 which portrayed a profit of Rs. 242,661,817 with earnings per share 20.22 basic and diluted respectively.

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

Furthermore, the share transfer books of the company will remain closed from October 21, 2022 to October 27, 2022 (both days inclusive).

“The company was incorporated in Pakistan as a public limited company on October 28, 1960. The principal line of business is renting / leasing of company’s fixed assets. The principal line of business of the company is renting / leasing of company’s fixed assets. The registered office of the company is situated Karachi.

The Company has quoted its shares on Pakistan Stock Exchange Limited that are 12,000,000 in numbers. The Earnings per shares of the Company is 5.93 in 2020 which was 4.33 in 2019. The Profit After Taxation is 71,134,000 in 2020 which was 52,001,000 in 2019.”

Financial results of Arpak International Investment Limited for Year ended June 30, 2022

Karachi, Arpak International Investment Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on October 04, 2022.

The agenda of the meeting was discussion of profit and loss account for Year ended June 30, 2022 which portrayed a loss of Rs. 79,020,273 with loss per share 19.76 basic and diluted respectively.

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

Furthermore, the share transfer books of the company will remain closed from October 19, 2022 to October 26, 2022 (both days inclusive).

“Arpak International Investments Limited was incorporated in Pakistan on 26 July, 1977 as a Public Listed Company. The company is principally engaged in investment business of various forms.

The total number of shares are 4,000,000. The Earnings per share is 47.60 in 2020 which was (20.42) in 2019. The Profit after Taxation is 190,403,000 in 2020 which was (81,695,000) in 2019.”

Transaction of 36,000 shares of National Foods Limited

Karachi, National Foods Limited informed Pakistan Stock Exchange about transaction of shares of the company. 100 shares @ Rs. 136.75 per share were bought from the market on September 30, 2022, 1,000 shares @ Rs. 137.10 per share were bought from the market on September 30, 2022, 600 shares @ Rs. 137.50 per share were bought from the market on September 30, 2022, 1,000 shares @ Rs. 137.80 per share were bought from the market on September 30, 2022, 300 shares @ Rs. 137.79 per share were bought from the market on September 30, 2022, 2,400 shares @ Rs. 137.90 per share were bought from the market on September 30, 2022, 100 shares @ Rs. 137.96 per share were bought from the market on September 30, 2022, 200 shares @ Rs. 137.99 per share were bought from the market on September 30, 2022 and 30,300 shares @ Rs. 138.00 per share were bought from the market on September 30, 2022 through CDC.

“National Foods Limited was incorporated in Pakistan on 19 February 1970 as a private limited company and subsequently converted into a public limited company. The parent entity of the Company is Associated Textile Consultants (Private) Limited. The Company is principally engaged in the manufacture and sale of convenience based food products.

The total number of shares are 186,492,343. The Earnings per shares of the Company is 7.40 in 2020 which was 7.31 in 2019. The Profit after Taxation is 1,104,502,000 in 2020 which was 1,090,862,000 in 2019.”

Transmission of Annual Report for the Year Ended June 30, 2022 of Netsol Technologies Limited

Karachi, Netsol Technologies Limited informed Pakistan Stock Exchange that Annual Report of the Company for the year ended June 30, 2022 have been transmitted through PUCARS and is also available on Company’s website.

“NetSol Technologies Limited was incorporated in Pakistan on August 22, 1996 as a private company limited by shares, was later on converted into public limited company. Main business of the Company is development and sale of computer software and allied services in Pakistan as well as abroad.

The total numbers of shares are 89,836,923. The Earnings per share is 2.73 in 2020 which was 13.86 in 2019. The Profit after Taxation is 244,840,000 in 2020 which was 1,243,484,000 in 2019.”