Financial results of Azgard Nine Limited for Quarter ended March 31, 2021.

Karachi -- Azgard Nine Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 29, 2021.

The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2021 which portrayed a loss of Rs. 150,681,030 with loss per share 0.31 basic and diluted respectively.

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

The announcement is available at:

https://dps.psx.com.pk/download/document/166050.pdf

Azgard Nine Limited was incorporated in Pakistan as a public limited company. It is a spinning, weaving, dyeing and stitching unit engaged in the manufacturing of yarn, denim and denim...