Mubarak Textile Mills : Financial Results for the Quarter Ended 2023-09-30
October 26, 2023 at 05:09 am EDT
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The General Manager,
26.10.2023
Pakistan Stock Exchange Ltd.
Stock Exchange Building,
Stock Exchange Road,
KARACHI.
Subject: FINANCIAL RESULTS FOR THE 1ST QUARTER ENDED 30TH SEPTEMBER, 2023
Dear Sir,
We have to inform you that the Board of Directors of the Company in their meeting at 11.00 a:m on Thursday the 26th October, 2023 recommended the following.
I)
Cash Dividend
Nil ii)
Bonus Share
Nil iii)
Right Share Nil
The Financial Results of the Company are as Follows:
30th September,
2023
Rupees
PROCESSING INCOME
-
COST OF SALE
-
GROSS PROFIT/ (LOSS)
-
OPERATING EXPENSES
ADMINISTRATIVE & GENERAL EXPENSES
2,962,248
2,962,248
OPERATING PROFIT / (LOSS)
(2,962,248)
OTHER INCOME
2,300,250
(661,998)
FINANCIAL CHARGES
725
725
PROFIT/ (LOSS) BEFORE TAXATION
(662,723)
TAXATION
230,025
PROFIT/ (LOSS) AFTER TAXATION
(892,748)
PROFIT ( LOSS) PER SHARE
(0.17)
Thanking you,
Yours faithfully,
for MUBARAK TEXTILE MILLS LTD.
(MR.ZULFIQAR ALI) Chief Executive
30th September,
2022
Rupees
-
-
-
1,969,271
1,969,271
(1,969,271)
1,826,250
(143,021)
-
-
(143,021)
182,625
(325,646)
(0.06)
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Mubarak Textile Mills Ltd. published this content on 26 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 October 2023 09:08:06 UTC.
Mubarak Textile Mills Limited is a Pakistan-based company, which is engaged in the processing of dyed fabrics. The Company operates a composite knitwear unit, which is engaged in knitting, dying, finishing, embroidery and stitching. The Company's mill is located in Lahore in the province of Punjab.