Election of Directors of Nagina Cotton Mills Limited

Karachi, Nagina Cotton Mills Limited informed Pakistan Stock Exchange that ten members have been elected as directors of the Company for next term of three years in the Extraordinary General Meeting held on January 28, 2023.

“Nagina Cotton Mills Limited was incorporated in Pakistan on May 16, 1967 as a public limited company. The principal business of the Company is manufacture and sale of yarn.

The total numbers of shares are 18,700,000. The Earnings per share is 0.41 in 2020 which was 16.50 in 2019. The Profit after Taxation is 7,629,000 in 2020 which was 308,620,000 in 2019.”