Karachi, Shahzad Textile Mills Limited informed Pakistan Stock Exchange that the board of directors of the company reconstituted on April 11, 2022 audit committee comprising of three members in compliance of regulation No. 27 of code of Corporate Governance (CCG) Regulation 2019.
Shahzad Textile Mills Limited was incorporated in 1978. The Company is domiciled in Pakistan and principle business of the Company is to manufacture and deal in all types of yarn.
The total numbers of shares are 17,971,372. The Earnings per share is 2.54 in 2020 which was 7.27 in 2019. The Profit after Taxation is 45,602,000 in 2020 which was 130,726,000 in 2019.