Transaction of 1,500,000 shares of Kohinoor Textile Mills Limited

Karachi, Kohinoor Textile Mills Limited informed Pakistan Stock Exchange about transaction of shares of the company. 225,500 shares @ Rs. 61.30 per share were sold in the market on May 10, 2022, 524,500 shares @ Rs. 60.19 per share were sold in the market on May 11, 2022, 225,500 shares @ Rs. 61.29 per share were sold in the market on May 10, 2022 and 524,500 shares @ Rs. 60.23 per share were sold in the market on May 11, 2022 through CDC.

Kohinoor Textile Mills Limited is a public limited company incorporated in Pakistan. The principal activity of the Company is manufacturing of yarn and cloth, processing and stitching the cloth and trade of textile products.

Kohinoor Textile comprises of two spinning divisions located at Rawalpindi (KTML) and Gujar Khan (KGM). There are a total of nine units with 151,000 spindles. The total production of yarn is 28,800,000 Lbs per annum.

The total numbers of shares are 299,296,456. The Earnings per share is 9.21 in 2021 which was 5.11 in 2020. The Profit after Taxation of the Company is 2,756,329,000 in 2021 which was 1,528,043,000 in 2020.