Financial results of Jubilee Spinning and Weaving Mills Limited for period ended September 30, 2015

Karachi: Jubilee Spinning and Weaving Mills Limited informed Karachi Stock Exchange about recommendations made by the board of directors in the meeting held at Karachi on October 31, 2015.

The agenda of the meeting was discussion of un-audited interim profit and loss account for the Quarter ended September 30, 2015 which portrayed a profit of Rs. 12,191,038 and earnings per share 0.38 basic and diluted.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Jubilee Spinning and Weaving Mills Limited is a company incorporated in Pakistan as a public limited company. The principal activity of the business is manufacturing and sale of textile products. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Karachi.

The symbol “JUBS” is being used by the stock exchanges for the shares of Jubilee Spinning and Weaving Mills Limited.