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

Financial Results

Karachi, Hamid 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. 1,986,655 with earnings per share 0.15 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 16, 2018 to February 27, 2018 (both days inclusive).

Hamid Textile Mills Limited was incorporated on 9th day of April 1987 as a Private Limited Company in Lahore and thereafter converted into a Public Limited Company on 15th day of February 1988. Hamid Textile Mills Limited is a Textile Composite Unit which is located in Wan Adhan, Pattoki.Spinning Unit consists of 1176 rotors and Weaving Unit consists of 60 Shuttleless Looms. We specialize in manufacturing high quality auto Coro yarn, heavy Drill/Twill and Dobby Fabric for Apparel and Home Furnishing Industry.

The symbol “HATM” is being used by the stock exchange for the shares of Hamid Textile Mills Limited.