August 21, 2017 4:25 AM ET

Textiles, Apparel and Luxury Goods

Company Overview of Al-Abid Silk Mills Limited

Company Overview

Al-Abid Silk Mills Limited manufactures, processes, and sells various fabrics in Pakistan. The company offers bed, table, and kitchen linens, as well as curtains and furnishings. It also exports printed and dyed cloth, bed sets, and other textile made-ups. Al-Abid Silk Mills Limited was founded in 1968 and is based in Karachi, Pakistan.

A-39, A-51/B, S.I.T.E.

Manghopir Road

Karachi,  

Pakistan

Founded in 1968

7 Employees

Phone:

92 21 256 0040

Fax:

92 21 256 4718

Key Executives for Al-Abid Silk Mills Limited

Al-Abid Silk Mills Limited does not have any Key Executives recorded.

Al-Abid Silk Mills Limited Key Developments

Al-Abid Silk Mills Limited to Report Q3, 2017 Results on Apr 27, 2017

Al-Abid Silk Mills Limited announced that they will report Q3, 2017 results on Apr 27, 2017

Al-Abid Silk Mills Limited, Board Meeting, Apr 27, 2017

Al-Abid Silk Mills Limited, Board Meeting, Apr 27, 2017, at 13:00 Pakistan Standard Time. Agenda: To confirm the minutes of the last meeting of the board of directors; to consider and approve the un-audited quarterly accounts for the period ended on March 31, 2017 and to authorize the directors to sign the same; and to transact any other business that may be placed before the meeting with the permission of the chairman.

Al-Abid Silk Mills Limited Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended December 31, 2016

Al-Abid Silk Mills Limited reported unaudited earnings results for the second quarter and six months ended December 31, 2016. For the quarter, the company reported, loss from operations of PKR 52,290,619, loss before taxation of PKR 52,292,118, loss after taxation of PKR 53,379,342, loss after taxation of PKR 53,379,342, compared to loss from operations of PKR 104,249,158, loss before taxation of PKR 104,267,162, loss after taxation of PKR 106,764,618, loss after taxation of PKR 106,764,618, for the same period a year ago. Basic and diluted loss per share was PKR 3.98 against PKR 7.96 a year ago. For the year to date, the company reported, loss from operations of PKR 145,095,320, loss before taxation of PKR 145,096,819, loss after taxation of PKR 149,102,335, loss after taxation of PKR 149,102,335, compared to loss from operations of PKR 202,678,963, loss before taxation of PKR 202,700,652, loss after taxation of PKR 205,518,123, loss after taxation of PKR 205,518,123, for the same period a year ago. Basic and diluted loss per share was PKR 11.12 against PKR 15.33 a year ago.

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