Shams Textile Mills : Financial Results for the Quarter Ended 30 September 2022
October 31, 2022 at 12:29 am EDT
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SHAMS TEXTILE MILLS LIMITED
CONDENSED INTERIM PROFIT AND LOSS ACCOUNT (UN-AUDITED)
FOR THE PERIOD ENDED 30 SEPTEMBER 2022
30 September
30 September
Note
2022
2021
---------- (Rupees in thousand)----------
REVENUE
17
322,579
2,430,272
COST OF SALES
18
(329,469)
(2,190,576)
GROSS (LOSS) / PROFIT
(6,890)
239,696
DISTRIBUTION COST
19
(3,832)
(23,305)
ADMINISTRATIVE EXPENSES
20
(24,793)
(23,042)
OTHER EXPENSES
21
0
(12,064)
(28,625)
(58,411)
(35,515)
181,285
OTHER INCOME
22
10,158
3,216
(LOSS) / PROFIT FROM OPERATIONS
(25,357)
184,501
FINANCE COST
23
(1,843)
(21,729)
(LOSS) / PROFIT BEFORE TAXATION
(27,200)
162,772
TAXATION
24
(4,032)
(29,992)
(LOSS) / PROFIT AFTER TAXATION
(31,232)
132,780
(LOSS) / EARNNGS PER SHARE - BASIC
AND DILUTED (RUPEES)
25
(3.61)
15.37
The annexed notes form an integral part of this condensed interim financial information.
CHIEF EXECUTIVE
CHIEF FINANCIAL OFFICER
21/39
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Shams Textile Mills Ltd. published this content on 31 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2022 04:28:05 UTC.
Shams Textile Mills Limited is a Pakistan-based company, which is engaged in the business of manufacturing, sale, and trading of yarn. The Company operates an integrated spinning and weaving facilities in textile industry. The Company produces yarn products such as carded yarn, combed yarn, multi count yarn, multi twist yarn, slub yarn, compact yarn and it also produces zinser fancy yarn using zinser technology. The Company has three production facilities namely: Polyester cotton yarn; Knitting and weaving yarn and Multi count, multi twist and fancy (slub) yarn. The Company's end products are sold to international and national customers.
SHAMS TEXTILE MILLS LIMITED 
