FINANCIAL RESULTS FOR THE QUARTER ENDED ON MARCH 31, 2023
Dear Sir,
We have to inform you that Board of Directors, of our Company in their meeting held on April 28, 2023 at 02.00 p.m at Nadir House, Ground Floor, I.I Chundrigar Road, Karachi, recommended the following;
CASH DIVIDEND
A final Cash Dividend for the year ended March 31, 2023 declared. Nil.
Bonus Issue
It has been further decided by the Board of Director to issue Nil bonus shares.
The financial result of the Company are as follow:
Nine Months Period Ended
March 31, 2023 March 31, 2022
Quarter Ended
March 31, 2023 March 31, 2022
Sales
Cost of Sales
Gross Profit/(Loss)
Other Income
Distribution cost
Administrative expenses
Finance cost
(Loss) before taxation Taxation
(Loss) after taxation
(Loss) per share - Basic and diluted
Yours Faithfully
Rupees
2,753,959,733
3,684,556,695
(3,366,083,579)
(3,709,040,336)
(612,123,846)
(24,483,641)
185,049,978
68,089,526
(427,073,868)
43,605,885
(8,261,038)
(12,912,850)
(72,893,238)
(75,865,760)
(25,676,497)
(30,534,035)
(106,830,773)
(119,312,645)
(533,904,641)
(75,706,760)
(34,483,233)
(25,202,401)
(568,387,874)
(100,909,161)
(43.72)
(7.76)
Rupees
1,022,527,589
1,104,844,189
(1,222,417,055)
(1,106,184,044)
(199,889,466)
(1,339,855)
11,471,038
3,137,339
(188,418,428)
1,797,484
(2,464,209)
(3,812,926)
(25,021,779)
(25,123,080)
(9,529,279)
(11,066,763)
(37,015,267)
(40,002,769)
(225,433,695)
(38,205,285)
(12,680,011)
(13,326,302)
(238,113,706)
(51,531,587)
(18.32)
(3.96)
For Quetta Textile Mills Limited
Director
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Quetta Textile Mills Ltd. published this content on 28 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2023 11:32:18 UTC.
Quetta Textile Mills Limited is a Pakistan-based integrated spinning and weaving company. The Company is principally engaged in the manufacturing and sale of yarn and fabric. The Company has three segments namely, Spinning, Weaving, and Power Generation. The Company's products include Organic Cotton, Tencel, Bamboo Yarn, Yarn from Regenerated Cotton, Slub, and Compact yarn. Its range of yarns includes Ring Spun carded & combed yarns, Schlafhorst Autocoro open-end yarns, Lycra Core Spun yarns, Flax linen/Cotton blended yarns, Yarn from Regenerated Cotton, and Polyester/Cotton Yarns. The Companyâs weaving division consists of approximately 250 Tsudakoma airjet looms with the latest Benninger back process and produces fabrics for garments and the home textile industries. Its production facilities are located at Kotri in the province of Sindh and 49 kilometers Multan Road Bhal, District Kasur in the province of Punjab.