Financial results of Saritow Spinning Mills Limited for Year ended June 30, 2019.

Karachi -- Saritow Spinning Mills Limited informed Pakistan Stock Exchange about the recommendations made by the Board of Directors in the meeting held at Lahore on October 04, 2019.

The agenda of the meeting was discussion of profit and loss account for year ended June 30, 2019 which portrayed a profit of Rs. 52,500,609 with earnings per share 1.76 basic and diluted respectively.

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

Furthermore, the share transfer books of the company will remain closed from October 22, 2019 to October 28, 2019 (both days inclusive).

The announcement is available at:

https://dps.psx.com.pk/download/document/136099.pdf

Saritow Spinning Mills Limited is a company incorporated in Pakistan as a public limited company. The foundations of the company...