Board Meeting in Progress of Khurshid Spinning Mills Limited

Karachi, Khurshid Spinning Mills Limited informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company scheduled to be held on August 19, 2022 at Faisalabad to consider the business plan other than financial results, is in progress.

Khurshid Spinning Mills Limited is a public limited company incorporated in Pakistan. The principal objectives of the Company are to manufacture and deal in all types of yarn. Their head office is situated at Faisalabad, Punjab.

The total numbers of shares of the company are 13,174,800 quoted on Stock Exchange of Pakistan. The Earning per shares of the Company is 1.36 in 2020 which was (1.10) in 2019. The Profit after Taxation of the Company is 17,897,000 in 2020 which was (14,455,000) in 2019.