Financial results of Fateh Sports Wear Limited for period ended June 30, 2016

Karachi, Fateh Sports Wear Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Hyderabad on September 26, 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. 1,247,987 with loss per share 0.62 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).

Fateh Sports Wear Limited is a company incorporated in pakistan as a public limited company. The principal activity of the company is manufacturing of readymade garments and selling them locally as well as doing export. Currently the manufacturing activity of the company is closed. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The plant of the company is located at Hyderabad.

The symbol “FSWL” is being used by the stock exchanges for the shares of Fateh Sports Wear Limited.