Financial results of Saritow Spinning Mills Limited for period ended September 30, 2015

Karachi: Saritow Spinning Mills Limited informed Karachi Stock Exchange about recommendations made by the board of directors in the meeting held at Lahore 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 loss of Rs. 15,783,582 and loss per share 0.53 basic and diluted.

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