Sally Textile Mills : Financial Results for the 2nd Quarter / Half Yearly Ended 31-12-2022

	Form-7
February 28, 2023	Under Sealed Cover
The General Manager
Pakistan Stock Exchange Ltd
Stock Exchange Building,
Stock Exchange Road,
Karachi.

Subject: Financial Results for the 2nd Quarter / Half Year Ended 31-12-2022

Dear Sir,

We have to inform you that the Board of Directors of the company in their meeting held on Tuesday 28-02-2023 at 12:30 p.m. at 2-S,Gulberg-II, Lahore has approved the financial results of the company.

(i)	CASH DIVIDENED	: NIL
(ii)	BONUS SHARES	: NIL
(iii)	RIGHT SHARES	: NIL
(iv)	ANY OTHER ENTITLEMENT	: NIL

1. ANY OTHER PRICE - SENSITIVE INFORMATION: NIL

The financial results of the company are as follows:

Profit & Loss Account (Un-Audited)

For the Half Year Ended 31-12-2022

Half Year Ended December

31, 2022

31, 2021

Quarter Ended December

31, 2022

31, 2021

Revenue from contracts with customers-Net Cost of Sales

Gross (Loss)

Administrative Expenses

Operating (Loss)

Finance Cost

Notional interest

(Loss) before Taxation

Provision for Taxation

(Loss) after Taxation

(Loss) per share-basic and diluted

-

(16,741,080)

(16,741,080)

(3,234,703)

(19,975,783)

(7,078,539)

(22,190,858)

(49,245,180)

-

(49,245,180)

(5.61)

-

(17,346,820)

(17,346,820)

(3,443,563)

(20,790,383)

(3,934,155)

(36,040,643)

(60,765,181)

-

(60,765,181)

(6.92)

-

(8,454,540)

(8,454,540)

(1,664,232)

(10,118,772)

(3,667,397)

(11,182,619)

(24,968,788)

-

(24,968,788)

(2.85)

-

(8,582,910)

(8,582,910)

(1,510,129)

(10,093,039)

(2,001,735)

(18,097,161)

(30,191,935)

-

(30,191,935)

(3.44)

The Quarterly Report of the Company for the period ended 31st December, 2022 will be transmitted through PUCARS separately, within the specified time.

Yours Sincerely,

For Sally Textile Mills Limited