Financial results of Globe Textile Mills Limited for period ended September 30, 2014

Karachi, Globe Textile Mills Limited informed Karachi Stock Exchange about recommendations made by board of directors in the meeting held on October 30, 2014.

The agenda of the meeting was discussion of un-audited interim profit and loss account for 1st Quarter ended September 30, 2014 which portrayed a loss of Rs. 5,468,000 and loss per share 0.33 basic and diluted.

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

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