Financial results of Jubilee Spinning and Weaving Mills Limited for Quarter ended December 31, 2019

Karachi, Jubilee Spinning and Weaving Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 275, 2020.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2019 which portrayed a loss of Rs. 7,539,169 with loss per share 0.23 basic and diluted respectively.

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

Jubilee Spinning and Weaving Mills Limited is a company incorporated in Pakistan as a public limited company. The principal activity of the business is manufacturing and sale of textile products. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Karachi.

The symbol “JUBS” is being used by the stock exchanges for the shares of Jubilee Spinning and Weaving Mills Limited.