Khyber Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 24, 2020.

The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2020 which portrayed a loss of Rs. 1,786,789 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/146510.pdf

Khyber Textile Mills Limited is a Public Limited Company, incorporated on 26th August, 1961 under the Companies Act, 1913 (Now the Companies Ordinance 1984). Its shares were quoted on Pakistan Stock Exchange. The principal activities of the Company are to manufacture and sale of yarn and cloth.

The symbol "KHYT" is being used by the stock exchanges for the shares of Khyber Textile Mills Limited.

© Pakistan Press International, source Asianet-Pakistan