Hafiz Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 26, 2020.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2019 which portrayed a profit of Rs. 625,347 with earning per share 0.52 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

The announcement is available at:

https://dps.psx.com.pk/download/document/143454.pdf

Hafiz Limited are Manufacturers and Exporters of all sort of textiles, a composite unit with sister branches established since 1936 in Mumbai, re-established in 1947 Karachi and expanded its operation from Textiles to Jute Mills in the year 1956 in Dhaka-Chittagong.

© Pakistan Press International, source Asianet-Pakistan