Board of directors meeting of Yousaf Weaving Mills Limited

Karachi, Yousaf Weaving Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on September 30, 2022 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2022.

Further, the company has declared the closed period from September 23, 2022 to September 30, 2022.

The Company was incorporated on January 17, 1988 as a public limited company. The Company is engaged in the business of textile weaving, spinning and sale of processed fabric, home textile and dairy products. The registered office of the Company is situated at 7/1, E-3, Main Boulevard Gulberg III, Lahore.

The total numbers of shares 90,000,000. The Earnings per share is (0.84) in 2020 which was (0.83) in 2019. The Company had a loss of Rs. 75,481,000 in 2020 which was 74,291,000 in 2019.