Election of Directors of Dewan Farooque Spinning Mills Limited

Karachi, Dewan Farooque Spinning Mills Limited informed Pakistan Stock Exchange that the seven members have filed themselves with the Company, notices Directors of the company for a period of three years in the annual Extraordinary General meeting of the company scheduled to be held on January 26, 2023.

Dewan Farooque Spinning Mills Limited was incorporated as a Public Limited Company on December 22, 2003. The company is principally engaged in the manufacturing and sale of yarn.

The shares of the Company are 97,750,726. The Earnings per shares is (2.02) in 2020 which was (2.15) in 2019. The Company had a loss of 197,869,000 in 2020 which was 210, 213,000 in 2019.