Financial results of Shadman Cotton Mills Limited for the period ended June 30, 2015

Karachi: Shadman Cotton Mills Limited informed Karachi Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on November 08, 2015.

The agenda of the meeting was discussion of un-audited interim profit and loss account for the year ended June 30, 2015 which portrayed a profit of Rs. 12,844,016 and earnings per share 0.73 basic and diluted.

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

The annual general meeting of the company will be held on November 30, 2015 at Lahore.

Further, the share transfer books of the company will remain closed from November 24, 2015 to November 30, 2015 (both days inclusive).