Karachi, Reliance Cotton Spinning Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on February 25, 2022 at Lahore. The agenda of the meeting will to consider the Quarterly Accounts for the period ended December 31, 2021.
Further, the company has declared the closed period from February 19, 2022 to February 25, 2022.
Reliance Cotton Spinning Mills Limited was incorporated in Pakistan on June 13, 1990 as a public limited company. The principal activity of the Company is manufacturing and sale of yarn.
Reliance cotton spinning mills ltd. Sapphire group had installed the Latest Machinery with capacity to produces Premium quality yarn from 6 Ne to 80 Ne (single & double), plied, Slubs, mélanges, blends and variety of other yarns from Special Fibers.
The total numbers of shares are 10,292,000. The Earnings per share is 26.64 in 2020 which was 37.96 in 2019. The Profit after Taxation is 274,182,000 in 2020 which was 390,682,000 in 2019.
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