Kohinoor Industries Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on April 27, 2020.

The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2020 which portrayed a profit of Rs. 8,748,779 with earnings per share 0.29 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/146652.pdf

Kohinoor Industries Limited is a textile products manufacturing company incorporated in Pakistan. It is a public limited company formed under the Companies Ordinance, 1984. The registered office of the company is located in Lahore. The operations of the company are engaged in the manufacturing and selling of yarn.

The products of the company includes polyester yarn & viscose yarn , cotton yarn , grey fabrics & cloths , knitting yarn and other textile related products.

The symbol "KOIL" is being used by the stock exchanges for the shares of Kohinoor Industries Limited.

© Pakistan Press International, source Asianet-Pakistan