Arctic Textile Mills Limited · PSX:ARCTM
Arctic Textile Mills — Khurshid Spinning Mills — Annual Corporate Briefing Session FY-2020
15 slides from Arctic Textile Mills's investor presentation, Nov 25, 2020
Slide 1: Corporate Briefing
KHURSHID SPINNING MILLS LIMITED CORPORATE BRIEFING Held on: November 25, 2020
Slide 2: Table of Contents
KHURSHID SPINNING MILLS LIMITED TABLE OF CONTENTS • ABOUT KHURSHID SPINNING MILLS LTD. • THE BOARD • SCOPE OF BUSINESS • FINANCIAL PERFORMANCE • FUTURE PROSPECTS • QUESTIONS & ANSWERS
Slide 3: About Khurshid Spinning Mills Ltd.
ABOUT KHURSHID SPINNING MILLS LTD.
Slide 4: Company's Incorporation Status
KHURSHID SPINNING MILLS LIMITED Company’s Incorporation Status • The company incorporated on as a 27 February 1986. • Converted into a public limited and listed Stock Exchanges of Pakistan on 21-10- 1989 Share Capital • The Authorized share capital of the Company is Rupees 170 Million and issued, su
Slide 5: The Board
THE BOARD
Slide 6: The Board
KHURSHID SPINNING MILLS LIMITED THE BOARD Mr. Muhammad Ashraf Mr. Sajid Hussain Chairman, Independent Director Executive Director Chairman of Audit Committee Mrs. Saira Affan Mr. Muhammad Iqbal Independent Director Chief Executive Officer, Chairman H.R & Remuneration Executive Director Committee Mem
Slide 7: Scope of Business
SCOPE OF BUSINESS
Slide 8: Scope of Business
KHURSHID SPINNING MILLS LIMITED SCOPE OF BUSINESS Manufacturing of Various Types Spinning Yarn. • Accru Yarn • Melange yarn “the yarn which is produced with various combinations of raw white & dyed cottons or dyed fibers” Twisting / Doubling of yarn
Slide 9: Financial Performance
KHURSHID SPINNING MILLS LIMITED FINANCIAL PERFORMANCE
Slide 10: Major Points
KHURSHID SPINNING MILLS LIMITED MAJOR POINTS • Financial results for the year ended June 30, 2020 shows profit after taxation of Rupees 17.897 million as compared to previous year’s loss after taxation of Rupees 14.455 million. With effect from 01 August 2019, the Company recommenced its commercial
Slide 11: Key Operating and Financial Data
KHURSHID SPINNING MILLS LIMITED KEY OPERATING AND FINANCIAL DATA
Slide 12: Future Prospects
FUTURE PROSPECTS
Slide 13: Future Prospects
KHURSHID SPINNING MILLS LIMITED FUTURE PROSPECTS • The Company has entered into yarn processing arrangement with the client due to which revenue and profitability of the Company will increase significantly. • The directors of the Company are fully aware of the affairs of the company and are making t
Slide 14: Question & Answer
KHURSHID SPINNING MILLS LIMITED QUESTION & ANSWER
Slide 15: Thank You
KHURSHID SPINNING MILLS LIMITED THANK YOU
Khurshid Spinning Mills — Annual Corporate Briefing Session FY-2020 on 6ix