Fateh Industries Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 27, 2020.
The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2020 which portrayed a loss of Rs. 782,646 with loss per share 0.43 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
The announcement is available at:
https://dps.psx.com.pk/download/document/146587.pdf
Fateh Industries Ltd is a Shoe Manufacturing Unit based in Hyderabad. They have the capacity to produce 1.2 million pairs per annum. Our company has all the modern equipment to produce high quality leather shoes. In past they have been working with high class brands such as Bally, Balitimoore and many others. They are working in local market with our high quality brand ARINO.
The symbol "FIL" is being used by the stock exchange for the shares of Fateh Industries Limited.
© Pakistan Press International, source Asianet-Pakistan