Karachi, Kohinoor Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on October 26, 2020.
The agenda of the meeting was discussion of profit and loss account for quarter ended September 30, 2020 which portrayed a profit of Rs. 43,182,817 with earnings per share 0.85 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Kohinoor Mills Limited is a public limited company incorporated in Pakistan on December 21, 1987 in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is engaging in the business of textile manufacturing covering weaving, bleaching, dyeing, buying, selling and otherwise dealing in yarn, cloth and other goods and fabrics made from raw cotton and synthetic fiber. Besides this the company also plays a vital role in generate and supplying electricity. The stocks of the company are quoted on Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in District Kasur.
The company is certified ISO 9001:2000, Oekotex 100, SA 8000:2001, WRAP and C-TPAT.
The symbol “KML” is being used by the stock exchanges for the shares of Kohinoor Mills Limited.