Financial results of Dewan Salman Fibre Limited for period ended June 30, 2016

Karachi, Dewan Salman Fibre Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on September 30, 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. 777,393 with loss per share 2.12 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 21, 2016 to October 28, 2016 (both days inclusive).

Dewan Salman Fibre Limited is a company incorporated in Pakistan on October 4, 1989. The foundation of the company is laid under the Companies Ordinance, 1984. The principal activity of the company is manufacturing and sale of polyester, acrylic fibre and tow products. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Islamabad. The factory office of the company is located at District Haripur.

The symbol “DSFL” is being used by the stock exchanges for the shares of Dewan Salman Fibre Limited.