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

Karachi, Mohammad Farooq Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on October 08, 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. 1,602 with loss per share 0.08 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).

Mohammad Farooq Textile Mills Limited is a Pakistan-based company. The principal activity of the Company is manufacturing, processing and sale of textile products. The Company’s manufacturing facilities are situated in the province of Sindh.

The symbol “MFTM” is being used by the stock exchanges for the shares of D Mohammad Farooq Textile Mills Limited is a Pakistan-based company. The principal activity of the Company is manufacturing, processing and sale of textile products. The Company’s manufacturing facilities are situated in the province of Sindh.

The symbol “MFTM” is being used by the stock exchanges for the shares of D Mohammad Farooq Textile Mills Limited.