Karachi, Sally Textile Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on February 28, 2023 at Lahore. The agenda of the meeting will to consider the Quarterly Accounts for the period ended December 31, 2022.
Further, the company has declared the closed period from February 21, 2023 to February 28, 2023.
Sally Textile Mills Limited is incorporated in Pakistan as a Public Limited Company. The Company is a spinning unit engaged in the manufacture and sale of yarn.
The Company’s manufacturing unit is situated in Jauharabad, District Khushab, and Punjab. They have a total of 111 ring frames with installed capacity 56,078 spindles. The company also operates a spinning unit on long term lease. This unit is located in Chakwal and has a production capacity of 14,400 spindles. This takes their total production capacity to 70,478 spindles.
The total numbers of shares are 8,775,000. The Earnings per share is 29.01 in 2020 which was 35.99 in 2019. The Profit after Taxation is (254,584,000) in 2020 which was 315,777,000 in 2019.