Quarterly Progress Report of Fateh Sports Wear Limited

Karachi, Fateh Sports Wear Limited informed Pakistan Stock Exchange that the Management of the company is constantly pursuing the case for releasing of stuck up amount of US$:2.000 million and expecting vacation of stay order in nearest future. As soon as stay order is vacated, company shall resume its operation activities.

Fateh Sports Wear Limited was established and incorporated in 1984, as a public Limited Company. The business of company is to manufacture readymade garments for selling them locally as well as exporting.

The total number of shares of the Company are 2,000,000. The Earnings per shares of the Company is 316.64 in 2020 which was (9.37) in 2019. Their Profit after Taxation is 633,285,000 which was (18,745,000) in 2019.