Financial results of Rupali Polyester Limited for quarter ended September 30, 2016

Karachi, Rupali Polyester Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on October 22, 2016.

The agenda of the meeting was discussion of profit and loss account for quarter ended September 30, 2016 which portrayed a loss of Rs. 66,274 with loss per share 1.95 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 22, 2016 to October 31, 2016 (both days inclusive).

Rupali Polyester Limited is a company incorporated in Pakistan as a Public Limited Company on May 24, 1980. The foundation of the company is laid under the Companies Ordinance, 1984. The principal activity of the company is manufacture and sale of polyester and related products. The stocks of the company are quoted on the Karachi, Islamabad and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Lahore.

The symbol “RUPL” is being used by the stock exchange for the shares of Rupali Polyester Limited.