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    JATM   PK0054601015

J. A. TEXTILE MILLS LIMITED

(JATM)
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J A Textile Mills : Financial results of J. A. Textile Mills Limited for Quarter ended March 31, 2020

04/29/2020 | 09:25am EDT

J. A. Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 29, 2020.

The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2020 which portrayed a loss of Rs. 4,668,449 with loss per share 0.37 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/146855.pdf

The Company was incorporated in Pakistan on 25 May, 1987 under the Companies Ordinance, 1984. The shares of the company are listed on the Karachi and Lahore Stock Exchanges in Pakistan. The Mill is situated at Tehsil Jaranwala, District Faisalabad in the province of Punjab and the registered office of the Company is situated at JK House, 32-W, Susan Road, Madina Town, Faisalabad.

The Company started commercial production in April, 1992. The mills is equipped with technologically advanced, ultramodern spinning plant of 21,384 spindles and ancillaries from World famous suppliers, where we produce 100% cotton yarn and PC yarn of finest quality. We are equally strong in domestic and export market.

The symbol "JATM" is being used by the stock exchanges for the shares of J. A. Textile Mills Limited.

© Pakistan Press International, source Asianet-Pakistan

Stocks mentioned in the article
ChangeLast1st jan.
J. A. TEXTILE MILLS LIMITED -2.60% 15 End-of-day quote.92.31%
PAKISTAN STOCK EXCHANGE LIMITED 7.47% 17.84 End-of-day quote.20.38%
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Financials
Sales 2021 1 522 M 8,90 M 8,90 M
Net income 2021 90,1 M 0,53 M 0,53 M
Net cash 2021 106 M 0,62 M 0,62 M
P/E ratio 2021 1,54x
Yield 2021 -
Capitalization 189 M 1,10 M 1,11 M
EV / Sales 2020 -0,02x
EV / Sales 2021 0,02x
Nbr of Employees 534
Free-Float 27,3%
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