Mubarak Textile Mills : Financial Results for the Year Ended 2023-06-30

October 03,2023

The General Manager,

Pakistan Stock Exchange Ltd.

Stock Exchange Building,

Stock Exchange Road,

KARACHI.

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

Dear Sir,

We have to inform you that the Board of Directors of the Company in their meeting held on Tuesday the 03rd day of 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 June		30th June
			2023		2022
			RUPEES		RUPEES

PROCESSING INCOME / SALE

COST OF GOODS SOLD

GROSS PROFIT/ (LOSS)

OPERATING EXPENSES

GENERAL AND ADMINISTRATIVE EXPENSES OTHER OPERATING EXPENSES

OPERATING PROFIT / (LOSS)

OTHER OPERATING INCOME

FINANCIAL COST

Unrealized Gain on Remeasurement of fair Value of Investment Property

NET PROFIT / (LOSS) BEFORE TAXATION PROVISION FOR TAXATION

NET PROFIT / (LOSS) AFTER TAXATION

-

-

-

8,861,763

-

8,861,763

(8,861,763)

8,585,000

(276,763)

983

983

668,500

390,754

1,904,837

(1,514,083)

-

-

-

8,210,507

-

8,210,507

(8,210,507)

9,269,706

1,059,199

1,965

1,965

1,057,234

1,861,931

(804,697)

BASIC EARING PROFIT / (LOSS) PER SHARE

(0.28)

(0.15)

Annual General Meeting of the Company will be held on Friday October 27, 2023 at 11. a.m. at 20 KM off Ferozepur Road, Lahore, subject to the approval and confirmation by the Pakistan Stock Exchange Ltd., in accordance

with the listing regulation # 30.

The share transfer books of the company will remain closed from October 26, 2023 to October 31, 2023 ( both

days inclusive ) transfer received in order at registered office of the company by close of business on October 25, 2023 will be treated in time.

We will be sending you the required printed accounts for your perusal and record.

Thanking you,

Yours faithfully,

for MUBARAK TEXTILE MILLS LTD.

( MR. ZULFIQAR ALI )

Chief Executive