Financial results of Salfi Textile Mills Limited for quarter ended September 30, 2016
Karachi, Salfi Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on October 29, 2016.
The agenda of the meeting was discussion of profit and loss account for quarter ended September 30, 2016 which portrayed a loss of Rs. 34,853 with loss per share 10.43 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Salfi Textile Mills Limited is a company incorporated in Pakistan on January 5, 1968. It is a public limited company formed under the Companies Act, 1913 as repealed by Companies Ordinance, 1984. The principal activity of the company is manufacturing and sale of yarn. The manufacturing facilities of the company are located at Landhi Industrial Estate, Karachi in the province of Sindh. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located at Karachi.
The symbol “SALT” is being used by the stock exchanges for the shares of Salfi Textile Mills Limited.