Financial results of Kohinoor Mills Limited for Year ended June 30, 2021

Financial Results

Karachi, Kohinoor Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Raiwind on September 22, 2021.

The agenda of the meeting was discussion of profit and loss account for Year ended June 30, 2021 which portrayed a profit of Rs. 267,783,027 with earnings per share 5.26 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 October 20, 2021 to October 27, 2021 (both days inclusive).

Kohinoor Mills Limited is a public limited company incorporated on 21 December 1987 in Pakistan. The Company is principally engaged 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 and to generate, and supply electricity. The company is involved in three major businesses; Weaving, Dyeing & finishing and Energy.

The total number of shares of the Company is 50,911,011. The Earnings per shares of the Company is 7.17 in 2020 which was 14.31 in 2019. The Profit after Taxation is 365,213,000 in 2020 which was 728,751,000 in 2019.