Board meeting of Masood Textile Mills Limited to be held on April 28, 2016

Karachi, Masood Textile Mills Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on April 28, 2016 at Faisalabad. The agenda of the meeting shall be consideration of quarterly accounts for the period ended March 31, 2016.

Further, the closed period of the company shall be from April 21, 2016 to April 30, 2016.

Masood Textile Mills is the only textile mill in Pakistan with latest computerized Barcode System that assures quality in every operation of production from spinning to packing. Products of each department carry bar coded stickers, which bear all the details and history of the operations of that product. Hence if any problem is reported, one can trace back the root of the problem and enable to prevent occurrence of the same in future.

Besides, MTM is one of the few fully vertical textile mills in Pakistan having in-house Yarn, Knitting, Fabric dyeing, Processing, Laundry and Apparel Manufacturing facilities. The vertically integrated operations help us in achieving shorter lead times and greater flexibility to cater to the customers demand.

The symbol “MSOT” is being used by the stock exchange for Masood Textile Mills.