Sally Textile Mills : Financial Results for the Third Quarter Ended 31-03-2022
April 25, 2022 at 03:09 am
Share
Form-7
Under Sealed Cover
NO.STML/SECY/3775
April 25, 2022
The General Manager Pakistan Stock Exchange Ltd Stock Exchange Building, Stock Exchange Road, Karachi.
Subject:Financial Results for the 3rd Quarter / Nine Months Ended 31-03-2022
Dear Sir,
We have to inform you that the Board of Directors of the company in their meeting held on April 25, 2022 at 11:30 a.m. at 2-S, Gulberg-II, Lahore recommended the following.
(i)
CASH DIVIDENED
: NIL
(ii)
BONUS SHARES
: NIL
(iii)
RIGHT SHARES
: NIL
(iv)
ANY OTHER ENTITLEMENT
: NIL
(v)
ANY OTHER PRICE - SENSITIVE INFORMATION : NIL
The financial results of the company are as follows:
Profit & Loss Account (Un-Audited)
For the Nine Months (Third Quarter) Ended 31-03-2022
Nine Months Ended March
Quarter Ended March
31, 2022 31, 2021
31, 2022 31, 2021
Rupees (000)
Rupees (000)
Sales-Net
-
-
-
-
Cost of Sales
(26,463)
(28,671)
(9,116)
(10,001)
Gross Profit / (Loss)
(26,463)
(28,671)
(9,116)
(10,001)
Selling And Distribution Expenses
-
-
-
-
Administrative And General Expenses
(7,930)
(11,338)
(4,487)
(6,427)
(7,930)
(11,338)
(4,487)
(6,427)
Other Income
-
-
-
-
Operating Profit / (Loss)
(34,393)
(40,009)
(13,603)
(16,427)
Finance Cost
(6,455)
(26,619)
(2,521)
(1,860)
Notional interest
(53,587)
(40,260)
(17,546)
(7,698)
Other Expenses
-
-
-
-
Profit / (Loss) before Taxation
(94,435)
(106,887)
(33,670)
(25,985)
Taxation
-
-
-
-
Profit / (Loss) after Taxation
(94,435)
(106,887)
(33,670)
(25,985)
Profit / (Loss) per share-basic and diluted
(10.76)
(12.18)
(3.84)
(2.96)
The quarterly report of the company for the period ended 31-03-2022 will be transmitted through PUCARS separately, within the specified time.
Yours Sincerely,
For Sally Textile Mills Limited
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Sally Textile Mills Ltd. published this content on 25 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 April 2022 07:08:10 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.
SALLY TEXTILE MILLS LIMITED 
