Progress Report of Chakwal Spinning Mills Limited

Karachi, Chakwal Spinning Mills Limited informed Pakistan Stock Exchange that the the board meeting after Eid Holidays to review and approve the progress meeting but due to the sudden death of their Group Chairman they could not manage to hold it.

Chakwal group has around 160,000 spindles, which are operationally organized into 6 spinning units; the entire machinery is from world-renowned manufactures. Chakwal Spinning consists of 34,552 Spindles. The flag ship company of Chakwal Group is Kohinoor Spinning comprising of 80,000 spindles, distributed into three separate units which are tailor made to make specialized yarns. The unit has its own in house doubling and is capable of producing 75 tons of cotton and blended yarn per day.

The symbol “CWSM” is being used by the stock exchanges for the shares of Chakwal Spinning Mills Limited.