Resolution passed in annual general meeting of Crescent Jute Products Limited

General

Karachi, Crescent Jute Products Limited informed Pakistan Stock Exchange that the resolution passed in annual general meeting of the company held on October 28, 2022 at Lahore.

 

“Resolved that the Annual Audited Accounts of the company for the year ended June 30, 2023 together with the Reports of the Independent Auditors, Chairman and Director’s review reports thereon be and are hereby approved and adopted.”

Crescent Jute Products Limited is a public limited company, was incorporated in Pakistan on 1964. The Business Activities of the Company is manufacturing and selling of jute products including jute bags. The registered office is situated at Lahore Pakistan.

The Shares of the Company are 23,763,468. The Earnings per shares in 2020 is (0.83) which was (0.55) in 2019. The Company had a loss of Rs. 19,768,000 in 2020 compare to 13,110,000 in 2019.