Karachi, Yousaf Weaving Mills Limited informed Karachi Stock Exchange about the recommendations made by the board of directors in the meeting held on October 31, 2014.
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. 19,400,161 and loss per share 0.49 basic and diluted.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
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