Premium Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 28, 2020.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2019 which portrayed a profit of Rs. 74,110,224 with earnings per share 12.03 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/143822.pdf

Premium Textile Mills Limited is a company incorporated in Pakistan as a Public Limited Company in 1987. The foundation of the company is laid under the Companies Ordinance, 1984. The principal activity of the company is manufacture and sale of cotton and polyester yarn. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located at Karachi.

The symbol "PRET" is being used by the stock exchange for the shares of Premium Textile Mills Limited.

© Pakistan Press International, source Asianet-Pakistan