Karachi: Khalid Siraj Textile Mills Limited has announced its plans to hold an Annual Corporate Briefing Session (CBS) for shareholders, investors, and analysts to provide insights into the company's financial performance for the year ending June 30, 2023.

During the briefing session, the company is expected to discuss various financial aspects, including profit and loss before taxation and net profit for the past five years. Notable figures include a profit before taxation of Rs. 15,663 in 2023 compared to Rs. 1,871 in 2022.

The company's sales (net), cost of sales, gross loss, and other financial metrics will also be on the agenda for discussion. Notably, Khalid Siraj Textile Mills Limited is aiming to optimize production capacity once the lease period ends. The management expresses optimism about making the unit operational and profitable in the future, hoping for favorable changes in government policies and support for the textile sector.

The company is expected to address future challenges and problems during the session, providing valuable insights for shareholders and investors.