Transmission of Annual Report for the Year Ended June 30, 2022 of Artistic Denim Mills Limited

Karachi, Artistic Denim Mills Limited informed Pakistan Stock Exchange that Annual Report of the Company for the year ended June 30, 2022 have been transmitted through PUCARS and is also available on Company’s website.

“Artistic Denim Mills Limited is a public listed company which started production in 1993 and persistently offering premium fabrics with multiple colors, shades and garments with extensive array of washes. Artistic Denim Mills Limited is engaged in the business of manufacturing of dyed denim fabric, yarn, and value-added textile products.

The company is a complete vertical unit converting cotton to finished garments, and is equipped with rope dyeing machines with a capacity of 140,000 meters.

The shares of the company are quoted on Pakistan stock Exchange, and the symbol “ADMM” is being used by the stock exchange for the shares of Artistic Denim Mills Limited.

The total number of shares they issued are 84,000,000. Earning Per Shares has decreased in 2020 which is 1.35 compare to 10.32 in 2019. The Net Profit Margin percentage has also decreased in 2020 which is 1.43% whereas it was 11.16% in 2019.”