Financial results of Din Textile Mills Limited for Quarter ended December 31, 2022

Karachi, Din Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 15, 2023.

The agenda of the meeting was discussion of Unconsolidated and consolidated profit and loss account for quarter ended December 31, 2023 which portrayed a loss of Rs. 354,150 with loss per share 6.75 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 November 01, 2022 to November 01, 2022 (both days inclusive).

“The company is limited by Shares incorporated on Pakistan on June 13, 1988. The principal business of the company is to manufacture and sell yarn.

The total numbers of shares are 52,466,750. The Earnings per share is 0.86 in 2020 which was 10.46 in 2019. The Profit after Taxation is 36,636,000 in 2020 which was 362,448,000 in 2019.”