Pakistan Company News

Financial results of Mahmood Textile Mills Limited for Quarter ended March 31, 2019

Karachi, Mahmood Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Multan on April 29, 2019.

The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2019 which portrayed a loss of Rs. 93,005,741 with loss per share 6.20 basic and diluted respectively.

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

Mahmood Textile Mills Limited is a fully integrated organization. The company’s shares are quoted on Stock Exchange. Thecompany’s registered Head Office is located at Mehr Manzil Lohari GateMultan. The company’s mills are situated at Mahmoodabad, Multan Road,Muzaffargarh, and Masoodabad, D.G. Khan Road, Muzaffargarh.

The symbol “MEHT” is being used by the stock exchange for Mahmood Textile Mills Limited.