Bilal Fibres : FINANCIAL RESULTS FOR THE YEAR ENDED JUNE-23

BILAL FIBRES

L I M I T E D

MANUFACTURERS & EXPRTERS OF YARN

ISO-9001-2008 CERTIFIED

Registeration # 9910765

EXPORT REGISTERATION NO W-077224	NTN 0658669-4	SALES TAX REGISTERATION NO
IMPORTER REGISTERATION NO W-211496		04-04-5202-011-46
Dated: 05-10-2023		REF.NO. BFL01/2023

General Manager,

Pakistan Stock Exchange (Guarantee) Ltd.

LAHORE.

Subject:- FINANCIAL RESULTS FOR THE YEAR ENDED JUNE 30, 2023

Dear Sir,

We have to inform you that Board of Directors in their meeting held on 05th October, 2023 at 09:00 A.M at 3rd Floor, Plot No. 91 Sharif Plaza, Hassan Commercial Zone, Al Rehman Garden, Phase-2, Saggian Bypass, Lahore did not recommend any dividend for the year ended 30-06-2023. The financial results of the Company are as follows:-

	June-30	June-30
	2023	2022
Sales - net	-	-
Cost of sales	-	-
Gross Loss	-	-
Distribution cost	-	-
Administrative expenses	(24,440,629)	(25,672,871)
Other operating expenses	-	(2,722,127)
Other Income	6,000,000	22,689,257
Finance cost	(5,025,841)	(49,852,229)
Loss before taxation	(23,466,470)	(55,557,970)
Taxation	-	-

___________________________________________________________________

Head Office: House No 136, Block Y, Street 17, DHA phase 3, Lahore Pakistan

Ph: 0300-4513154 Email: [e-mail]

BILAL FIBRES

L I M I T E D

MANUFACTURERS & EXPRTERS OF YARN

ISO-9001-2008 CERTIFIED

Registeration # 9910765

EXPORT REGISTERATION NO W-077224	NTN 0658669-4	SALES TAX REGISTERATION NO
IMPORTER REGISTERATION NO W-211496			04-04-5202-011-46
Loss after taxation		(23,466,470)	(55,557,970)
Loss per share - basic and dilute		(1.66)	(3.94)

The Annual General meeting of the company will be held on Friday 27th October, 2023 at 09:00 A.M at 3rd Floor, Plot No. 91 Sharif Plaza, Hassan Commercial Zone, Al Rehman Garden, Phase-2, Saggian Bypass, Lahore, the registered office of the Company.

The Share Transfer Books of the Company will remain closed from October 21st, 2023 to October 27th, 2023 (both days inclusive).

The annual report of the company will be transmitted through PUCARS before holding of annual general meeting in due course of time.

Thanking you,

Yours Truly,

For Bilal Fibres Ltd.

Naeem Omer

(Chief Executive)

___________________________________________________________________

Head Office: House No 136, Block Y, Street 17, DHA phase 3, Lahore Pakistan

Ph: 0300-4513154 Email: [e-mail]