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

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2019 which portrayed a loss of Rs. 25,788,939 with loss per share 2.23 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/143334.pdf

Dewan Mushtaq Textile Mills Limited is a company incorporated in Pakistan, as a public limited company on November 04, 1970. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is trading, manufacturing and sale of yarn. The shares of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located Karachi. Its manufacturing facility is located at Hyderabad.

The symbol "DKTM" is being used by the stock exchanges for the shares of Dewan Khalid Textile Mills Limited.

© Pakistan Press International, source Asianet-Pakistan