Karachi, Glamour Textile Mills Limitedinformed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore 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. 1,367,534 with earnings per share 0.05 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Glamour Textile Mills Limited engaged in creating, developing and manufacturing of 100% cotton yarn. The Company has a manufacturing unit located at Manga Raiwind Road in the province of Punjab. It is listed in Pakistan Stock Exchange.
The symbol “GLAT” is being used by the stock exchange for the shares of Glamour Textile Mills Limited.