Karachi, Gadoon Textile Mill Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on June 17, 2022 at Karachi to consider and approved the Annual Budget of the company for the Year 2023.
Gadoon Textile Mill Limited was incorporated in 1988 as a public limited Company in a group of Yunus Brothers Group (YBG). The principal activity of the Company is manufacturing and sale of yarn and knitted fabrics. Y.B. Holdings (Private) Limited is the Ultimate Holding Company of the Group.
Gadoon Textile Mills Limited has a portfolio of yarn counts, including those of 100% cotton (combed and carded), as well of Polyester, Viscose, Acrylic, Lycra, Trilobal, Melange and Cotton.
The Company is listed on Pakistan Stock Exchange Limited and the total number of shares of the Company are 28,029,583. Earnings per shares of the Company is 1.62 in 2020 which was 41.61 in 2019. Their Profit after Taxation is 45,499,000 in 2020 which was 1,166,293,000 in 2019.