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Board of directors meeting of Hira Textile Mills Limited

Karachi, Hira Textile Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on November 05, 2022 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2022.

Further, the company has declared the closed period from October 30, 2022 to November 05, 2022.

Hira Textile Mills Limited was incorporated in Pakistan on January 31, 1991 as a Public Limited Company. The principal activity of the Company is to manufacture and sale of yarn. Hira Textile is a composite textile manufacturing unit which is engaged in the manufacture and sale of various kinds of spinning, Dying / bleaching and doubling products mainly for export purposes.

Hira Textile mills has 41424 spindles. The company has also yarn dying and yarn doubling unit and in house power generation facilities with a capacity 18.65 MW. The company’s production facilities comprise of spun yarn, dyed / bleached yarn, zero twist / double yarn.

The total number of Shares of the Company is 86,577,920. The Earnings per shares of the Company is (3.51) in 2020 which was (6.32) in 2019. The Company had a loss of Rs. 303,789,000 in 2020 which was 2,015,842,000 in 2019.