Crescent Cotton Mills : Transmission of Annual Report for the Year Ended June 30, 2022

ANNUAL REPORT 2022

In the Name of ALLAH, who is the most Merciful & the most Beneficent.

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CCML

	Crescent Cotton Mills Ltd.
C O N T E N T S
CRESCENT COTTON MILLS LIMITED
General Information	03
Company profile	04
Notice of annual general meeting	05-06
Vision and Mission statements	07
Chairman's Review	08
Directors' report to the shareholders	09-26
Key Operating and Financial Data	27-28
Pattern of holding of shares	29-30
Statement of compliance with best practices of code of corporate governance	31-33
Independent Auditor's Review Report	34
Independent Auditor's Report	35-39
Statement of Financial Position	40-41
Statement of Profit or Loss	42
Statement of Comprehensive Income	43
Statement of changes in equity	44
Cash flow statement	45
Notes to the financial statements	46-96

CRESCENT COTTON MILLS LIMITED AND ITS SUBSIDIARY

Consolidated Financial Statements with Accompanying Information

98-162

FORM OF PROXY

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GENERAL INFORMATION	SUBSIDIARY
PRINCIPAL & REGISTERED OFFICE	CRESCOT MILLS LIMITED
New Lahore Road,	PRINCIPAL & REGISTERED OFFICE
Nishatabad,
Faisalabad.	Office # 408, Business Avenue,
Phones	:	[phone]-4	Plot # 26-A, Block # 6, P.E.C.H.S.,
Fax	:	[phone]	Shahrah-e-Faisal,
URL : www.crescentcotton.com	Karachi - Pakistan.
[e-mail]	Phones : [phone]-7
KARACHI OFFICE	Fax : [phone]
Chief Executive Officer
Office # 408, Business Avenue,
Mr. Adnan Amjad
Plot # 26-A, Block # 6, P.E.C.H.S.,
Shahrah-e-Faisal,
Karachi - Pakistan.
Phones		: [phone]-7

Fax : [phone]

LAHORE OFFICE

3rd Floor, 151, CCA, Commercial Area

DHA Phase 5, Above KFC, Lahore.

Phones : [phone]

WORKS
Spinning Unit # 1& 2	Spinning Unit # 4
Kotla Kahlon,	46 Km, Lahore Multan Road,
8/9 Kilometers from	Chak # 66, Dina Nath, Tehsil Pattoki,
Shahkot towards Sheikupura,	Distt. Kasur.
Shahkot Distt. Nankana.	Phone : [phone]
Phones : [phone]
Fax : [phone]

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Crescent Cotton Mills Ltd.

03

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COMPANY PROFILE

BOARD OF DIRECTORS	Mr. Taimur Amjad
	(Chairman)
	Mr. Abid Mehmood
	(Chief Executive Officer)
DIRECTORS (In alphabetical order)	Mr. Adnan Amjad
	Mr. Naveed Gulzar
	Ms. Nazish Arshad
	Mr. Salman Rafi
	Mrs. Shameen Azfar
AUDIT COMMITTEE	Mr. Salman Rafi (Chairman)
	Mr. Adnan Amjad (Member)
	Mr. Taimur Amjad (Member)
HUMAN RESOURCE	Mrs. Shameen Azfar (Chairman)
AND REMUNERATION COMMITTEE	Mr. Adnan Amjad (Member)
	Ms. Nazish Arshad (Member)
COMPANY SECRETARY	Mr. Sami Ullah
BANKERS	National Bank of Pakistan
AUDITORS	Riaz Ahmad & Compnay
	Chartered Accountants
COMPANY REGISTRAR	Vision Consulting Limited.
	3-C, LDA Flats, 1st Floor,
	Lawrance Road, Lahore.
	Ph: 042-36283096-7
URL	www.crescentcotton.com

CCML

Crescent Cotton Mills Ltd.

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