Sally Textile Mills : Financial Results for the Quarter Ended as at 31-03-2023
April 27, 2023 at 10:28 am
Share
Form-7
Under Sealed Cover
April 27, 2023
The General Manager
Pakistan Stock Exchange Ltd
Stock Exchange Building,
Stock Exchange Road,
Karachi.
Subject: Financial Results for the 3rd Quarter / Nine Months Ended 31-03-2023
DEAR SIR,
We have to inform you that the Board of Directors of the company in their meeting held on April 27, 2023 at 12:30 p.m. at 2-S,Gulberg-II, Lahore recommended the following.
(i)
CASH DIVIDENED
: NIL
(ii)
BONUS SHARES
: NIL
(iii)
RIGHT SHARES
: NIL
(iv)
ANY OTHER ENTITLEMENT
: NIL
ANY OTHER PRICE - SENSITIVE INFORMATION: NIL
The financial results of the company are as follows:
PROFIT & LOSS ACCOUNT (UN-AUDITED)
FOR THE NINE MONTHS (THIRD QUARTER) ENDED 31-03-2023
Sales-Net
Cost of Sales
Gross Profit / (Loss)
Selling And Distribution Expenses Administrative And General Expenses
Other Income
Operating Profit / (Loss)
Finance Cost
Notional interest
Other Expenses
Profit / (Loss) before Taxation
Taxation
Profit / (Loss) after Taxation
Nine Months Ended March
31, 2023 31, 2022
Rupees (000)
-
-
(25,370)
(26,463)
(25,370)
(26,463)
-
-
(5,162)
(7,930)
(5,162)
(7,930)
-
-
(30,531)
(34,393)
(10,944)
(6,455)
(32,922)
(53,587)
-
-
(74,397)
(94,435)
-
-
(74,397)
(94,435)
Quarter Ended March
31, 202331, 2022 Rupees (000)
-
-
(8,629)
(9,116)
(8,629)
(9,116)
-
-
(1,927)
(4,487)
(1,927)
(4,487)
-
-
(10,556)
(13,603)
(3,865)
(2,521)
(10,731)
(17,546)
-
-
(25,151)
(33,670)
-
-
(25,151)
(33,670)
Profit / (Loss) per share-basic and diluted
(8.48)
(10.76)
(2.87)
(3.84)
The quarterly report of the company for the period ended 31-03-2023 will be transmitted through PUCARS separately, within the specified time.
Yours Sincerely,
For Sally Textile Mills Limited
Attachments
Original Link
Original Document
Permalink
Disclaimer
Sally Textile Mills Ltd. published this content on 27 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2023 09:27:02 UTC.
Sally Textile Mills Limited is a Pakistan-based company. The Company is principally engaged in the manufacturing and sale of yarn. It manufactures a range of coarse and fine counts, From 6/s to 102/s, Carded, Combed, Slub, Lycra, and Siro. In addition, it also produces cotton, blended, and synthetic yarn, which is consumed by weaving and knitwear manufacturers. The Company's manufacturing facility, including the power generation unit, is located at Joharabad District, Khushab, in the Province of Punjab.
SALLY TEXTILE MILLS LIMITED 
