Financial results of Ayesha Textile Mills Limited for period ended June 30, 2016

Karachi, Ayesha Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on October 10, 2016.

The agenda of the meeting was discussion of profit and loss account for the year ended June 30, 2016 which portrayed a loss of Rs. 302,155 with loss per share 215.83 basic and diluted respectively.

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

Furthermore, the share transfer books of the company will remain closed from October 25, 2016 to October 31, 2016 (both days inclusive).

Ayesha Textile Mills Ltd. is located in Lahore, Pakistan. Company is working in Textile business activities. Ayesha Group is a well known industrial group of Pakistan. The Group started its textile operations in 1972 when Ayesha Spinning Mills was incorporated. Since then, Ayesha Group has grown to 4 textile spinning mills comprising of 119,000 spindles, a leather tannery, and leather shoe factory. The installed spindle capacity put the group amongst the largest yarn spinning groups in Pakistan.

The symbol “AYTM” is being used by the stock exchange for Ayesha Textile Mills Limited.