Mubarak Textile Mills : Financial Results for the Quarter Ended 2023-09-30

The General Manager,

26.10.2023

Pakistan Stock Exchange Ltd.

Stock Exchange Building,

Stock Exchange Road,

KARACHI.

Subject: FINANCIAL RESULTS FOR THE 1ST QUARTER ENDED 30TH SEPTEMBER, 2023

Dear Sir,

We have to inform you that the Board of Directors of the Company in their meeting at 11.00 a:m on Thursday the 26th October, 2023 recommended the following.

I)

Cash Dividend

Nil ii)

Bonus Share

Nil iii)

Right Share Nil

The Financial Results of the Company are as Follows:
		30th September,
		2023
		Rupees
PROCESSING INCOME	-
COST OF SALE	-
GROSS PROFIT/ (LOSS)	-
OPERATING EXPENSES
ADMINISTRATIVE & GENERAL EXPENSES	2,962,248
		2,962,248
OPERATING PROFIT / (LOSS)	(2,962,248)
OTHER INCOME	2,300,250
		(661,998)
FINANCIAL CHARGES	725
		725
PROFIT/ (LOSS) BEFORE TAXATION	(662,723)
TAXATION	230,025
PROFIT/ (LOSS) AFTER TAXATION	(892,748)
PROFIT ( LOSS) PER SHARE	(0.17)

Thanking you,

Yours faithfully,

for MUBARAK TEXTILE MILLS LTD.

(MR.ZULFIQAR ALI) Chief Executive

30th September,

2022

Rupees

-

-

-

1,969,271

1,969,271

(1,969,271)

1,826,250

(143,021)

-

-

(143,021)

182,625

(325,646)

(0.06)