Karachi, Aruj Industries Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on December 19, 2022.
The agenda of the meeting was discussion of profit and loss account for quarter ended September 30, 2022 which portrayed a loss of Rs. 15,872,389 with loss per share 1.52 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Aruj Industries Limited is a Public Limited Company established in 1992. The company is principally engaged in manufacturing of Fusible Interlining and Dying / Bleaching / Stitching of Fabric. The production Capacity of dyeing and processing is 1.5 Million Linear Meters, interlining 1.5 Million Linear Meters and apparel 200,000 Pieces/Month. Their corporate office is situated at Lahore Pakistan.
Aruj Industries Limited listed on Pakistan Stock Exchange, and the shares are also quoted with symbolic identification i.e: “ARUJ” on Pakistan Stock Exchange Limited.
The total number of shares the company has issued are 10,457,890. Earnings per Share has decreased in 2020 and is 1.00 compared to 1.26 in 2019. The Profit After Taxation has also decreased in 2020 which is 10,507,000 and it was 13,125,000 in 2019.