ICC Textiles Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on January 06, 2020.

The agenda of the meeting was discussion of profit and loss account for year ended June 30, 2019 which portrayed a profit of Rs. 4,393,234 with earnings per share 0.15 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from January 21, 2020 to January 27, 2020 (both days inclusive).

The announcement is available at:

https://dps.psx.com.pk/download/document/141236.pdf

ICC Textiles Limited was incorporated in Pakistan on May 25, 1989 as a public limited company under the Companies Ordinance, 1984. The principal activity of the Company is manufacturing and sale of grey fabric and renting out vacant buildings and / or open area of the company's premises.

© Pakistan Press International, source Asianet-Pakistan