The Company has informed Pakistan Stock Exchange that the 30th Annual General Meeting of the Shareholders of Mubarak Textile Mills Limited will be held on 26 November 2021 in Lahore.

The Company earned profit before taxation for Rs. 8.451(m) after providing for all the administrative and financial charges, including depreciation for Rs. 2.771(m) compared to a pre-tax profit of Rs. Rs. 1.888(M) of the last year.

Due to overall crises to the industry and energy problem, the management of the Company could not involve in any business activity to make viable the

Company. However, the management is working over stitching Knitwear garments on a conversion basis shortly and hopefully will be successful in making the Company profitable.