Financial results of Ali Asghar Textile Mills Limited for Quarter ended December 31, 2017

Financial Results

Karachi, Ali Asghar Textile Mills Limitedinformed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 26, 2018.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2017 which portrayed a profit of Rs. 4,269,441 with earnings per share 0.10 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from February 19, 2018 to February 26, 2018 (both days inclusive).

Ali Asghar Textile Mills Limited is a company incorporated in Pakistan. It is a public limited company under the Companies Ordinance, 1984. The company is engaged in the business of manufacturing and selling yarn. The registered office of the company is located in Karachi. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan.

The products manufactured by the company include compact yarn, polyester yarn and viscose yarn.

The symbol “AATM” is being used by the stock exchange for the shares of Ali Asghar Textile Mills Limited.