Transmission of Quarterly Report for the Period Ended March 31, 2021 of Shadman Cotton Mills Limited

General

Karachi, Shadman Cotton Mills Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended March 31, 2021 have been transmitted through PUCARS and is also available on Company’s website.

Shadman Cotton Mills Ltd. is setups in Pakistan incorporated in 1979. The Company is engaged in manufacturing and sale of yarn. Currently the company operates a ring-spinning mill and an apparel stitching unit. The factories are located in Sheikhupura, Pakistan with its office located in the city of Lahore.

The company has a capacity to produce over 10 Million kgs of high quality ring spun yarn and 100,000 woven bottom wear per month.

The total numbers of shares are 17,636,800. The Earnings per share is 0.06 in 2020 which was 0.72 in 2019. The Profit after Taxation is 1,009,000 in 2020 which was 12,642,000 in 2019.