Financial results of Ashfaq Textile Mills Limited for period ended December 31, 2014

Karachi, Ashfaq Textile Mills Limited informed Karachi Stock Exchange about the recommendations made by the board of directors in the meeting held at Faisalabad on February 25, 2015. The agenda of the meeting was discussion of un-audited interim profit and loss account for six month period ended December 31, 2014 which portrayed a profit of Rs. 2,497,136 and earnings per share 0.07 basic and diluted. Ashfaq Textile Mills Limited is a company incorporated in Pakistan on January 14, 1988 as a private limited company. It was then subsequently converted into a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The core business activities of the company are manufacturing and sale of textiles and rendering of sizing and conversion services. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office and mills of the company is located in Faisalabad. The symbol “ASHT” is being used by the stock exchange for the shares of Ashfaq Textile Mills Limited.