Board meeting of Dewan Textile Mills Limited to be held on February 24, 2023

Karachi, Dewan Textile Mills Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on February 24, 2023 at Karachi. The agenda of the meeting shall be consideration of quarterly accounts for the period ended December 31, 2022.

Further, the closed period of the company shall be from February 17, 2023 to February 24, 2023 (both days inclusive).

“Dewan Textile Mills Limited was incorporated in Pakistan on 16 April 1970 as a public limited company. The principal activity of the Company is manufacturing and sale of yarn. However, the Company has suspended its manufacturing operations since December 2015.

The shares of the Company are 46,064,609. The Earnings per shares of the company is (13.17) in 2020 which was (18.98) in 2019. The Company had a loss of 606,778,000 in 2020 which was 874,172,000 in 2019.”