Dewan Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 24, 2020.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2019 which portrayed a loss of Rs. 136,014,592 with loss per share 2.95 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

The announcement is available at:

https://dps.psx.com.pk/download/document/143332.pdf

Dewan Textile Mills Limited is a public limited company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is manufacturing and sale of yarn. Its stocks are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Karachi. The factory of the company is located in Kotri District Dadu.

The symbol "DWTM" is being used by the stock exchanges for the shares of Dewan Textile Mills Limited.

© Pakistan Press International, source Asianet-Pakistan