Karachi, Ahmad Hassan Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 27, 2020.
The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2019 which portrayed a profit of Rs. 40,246,713 with earnings per share 2.79 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Ahmed Hassan Textile Mills Limited conducts research and participates in a number of initiatives to constantly develop our sector of the industry and to contribute to society.
Ahmad Hassan Textile Mills Ltd. is implementing a strategy to accelerate growth through innovation, and strengthening organizational and associates’ capabilities. Ahmad Hassan Textile Mills Ltd. continuously seeks to develop technologies and products that will have a greater impact on workers’ safety.
The symbol “AHMT” is being used by the stock exchange for Ahmed Hassan Textile Mills Limited.