Financial results of D.M. Textile Mills Limited for period ended June 30, 2016

Karachi, D.M. Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Rawalpindi on October 09, 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. 58,829,011 with loss per share 19.27 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 24, 2016 to October 31, 2016 (both days inclusive).

D.M. Textile Mills Limited is a company incorporated in Pakistan on May 28, 1958 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984 previously known as Companies Act, 1913. The core business activities of the company are manufacture of textile products in Pakistan. These include cotton and blended yarn, cotton and poly cotton fabrics in grey, bleached, dyed and printed bed sheets, pillow covers, cotton shopping bags etc. The stocks of the company are quoted on the Karachi and Islamabad Stock Exchange of Pakistan. The mill of the company and its registered office is located in Rawalpindi.

The symbol “DMTX” is being used by the stock exchange for the shares of D.M. Textile Mills Limited.