Karachi, Ruby Textile Mills Limited informed Pakistan Stock Exchange that the resolution passed in annual general meeting of the company held on October 28, 2022.
“Resolved that to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended June 30, 2022”.
“Resolved that the Annual Audited Accounts of the company for the year ended 2022-23 together with the Reports of the Independent Auditors, Chairman and Director’s review reports thereon be and are hereby approved and adopted.”
The company was incorporated in Pakistan on October 18, 1980 as a private limited company and was subsequently converted into public limited company. The principal business of the company is manufacturing and sale of yarn.
The total number of shares that is 52,214,400. The Earnings per shares is (0.54) in 2020 which was (2.10) in 2019. The Company had a loss of Rs. 28,092,000 in 2020 which was 98,838,000 in 2019.