Election of Directors of Kohinoor Textile Mills Limited

Karachi, Kohinoor Textile Mills Limited informed Pakistan Stock Exchange that the nine persons have filed with the Company, notices of their intention to offer themselves for election as Directors for the next term of three years at the Extraordinary General Meeting held on April 19, 2023 at Lahore.

Kohinoor Textile Mills Limited is a public limited company incorporated in Pakistan. The principal activity of the Company is manufacturing of yarn and cloth, processing and stitching the cloth and trade of textile products.

Kohinoor Textile comprises of two spinning divisions located at Rawalpindi (KTML) and Gujar Khan (KGM). There are a total of nine units with 151,000 spindles. The total production of yarn is 28,800,000 Lbs per annum.

The total numbers of shares are 299,296,456. The Earnings per share is 9.21 in 2021 which was 5.11 in 2020. The Profit after Taxation of the Company is 2,756,329,000 in 2021 which was 1,528,043,000 in 2020.