Election of Directors of Sana Industries Limited

Karachi, Sana Industries Limited informed Pakistan Stock Exchange that the seven members have been elected as Directors of the Company in their Extraordinary General Meeting to be held on December 03, 2022 at Karachi.

“Sana Industries was established in 1988 for manufacturing of man-made blended Fibre Yarns and became a member of Karachi Stock Exchange in 1989. Initially it started with the capacity of 12,000 spindles and now its capacity is 30,720 spindles.

In the year 2006 Sana Industries expanded and diversified its business activities by entering into a new line of business i.e. “Ammonia based temperature controlled warehouse”.

The Company is listed on Pakistan Stock Exchange Limited with the total number of shares of the Company that is 11,000,000. The Earnings per shares of the Company is (3.66) in 2020 which was 7.59 in 2019. The Profit after taxation in 2020 is Rs. (31,456,000) which was Rs. 65,224,000 in 2019.”