Sally Textile Mills : Financial Results for the Quarter Ended 30-09-2022
October 31, 2022 at 06:13 am
Share
FORM-7
October 31, 2022
The General Manager
Pakistan Stock Exchange Ltd
Stock Exchange Building,
Stock Exchange Road,
Karachi.
Subject:
Financial Results for the 1st Quarter Ended September 30, 2022
Dear Sir,
We have to inform you that the Board of Directors of our company in their meeting held on 31st October, 2022 at 12:30 p.m. at its registered office 2-S,Gulberg-II, Lahore recommended the following.
(i)
CASH DIVIDENED
NIL
(ii)
BONUS SHARES
NIL
iii)
RIGHT SHARES
NIL
(iv)
ANY OTHER PRICE / SENSITIVE INFORMATION
NIL
The financial results of the company are as follows:
Profit & Loss Account (Un-Audited)
For the First Quarter Ended 30-09-2022
Quarter Ended
Quarter Ended
Sep-2022
Sep-2021
Rupees in Thousand
(Un-Audited)
Turnover-Net
-
-
Cost of Sales
(8,287)
(8,764)
Gross Profit / (Loss)
(8,287)
(8,764)
Selling & Distribution Expenses
-
-
Administrative and General Expenses
(1,570)
(1,933)
(1,570)
(1,933)
Other Operating Income
-
-
Operating Profit / (Loss)
(9,857)
(10,697)
Finance Cost
(3,411)
(1,932)
Notional Interest
(11,008)
(17,943)
Other Charges
-
-
Loss Before Taxation
(24,276)
(30,573)
Taxation
-
-
Loss After Taxation
(24,276)
(30,573)
Loss per share basic and diluted
(2.77)
(3.48)
The Quarterly Report of the Company for the year ended 30th September, 2021 will be transmitted through PUCARS separately, within the specified time.
Yours Sincerely,
Syed Abid Raza Zaidi
(Company Secretary)
Attachments
Original Link
Original Document
Permalink
Disclaimer
Sally Textile Mills Ltd. published this content on 31 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2022 10:11:03 UTC.
Sally Textile Mills Limited is a Pakistan-based company. The Company is principally engaged in the manufacturing and sale of yarn. It manufactures a range of coarse and fine counts, From 6/s to 102/s, Carded, Combed, Slub, Lycra, and Siro. In addition, it also produces cotton, blended, and synthetic yarn, which is consumed by weaving and knitwear manufacturers. The Company's manufacturing facility, including the power generation unit, is located at Joharabad District, Khushab, in the Province of Punjab.