BILAL FIBRES

L I M I T E D

MANUFACTURERS & EXPRTERS OF YARN

ISO-9001-2008 CERTIFIED

Registeration # 9910765

EXPORT REGISTERATION NO W-077224

NTN 0658669-4

SALES TAX REGISTERATION NO

IMPORTER REGISTERATION NO W-211496

04-04-5202-011-46

Corporate Briefing Session Presentation 2023

Introduction:

The company is limited by shares, incorporated in Pakistan on April 13, 1987 under the Companies Ordinance, 1984 (Repealed with the enactment of the Companies Act, 2017) and the shares of the company are listed on Pakistan Stock Exchange Limited. The principal business of the company is manufacture and sale of yarn. The geographical location and address of the company's business units including plant as follows.

Business Unit

Geographical location and address

Registered office

3rd Floor, Plot No. 91, Sharif Plaza, Hassan Commercial Zone,

Al Rehman Garden, Phase-2, Saggian Bypass, Lahore

Manufacturing Plant

38 KM, Sheikhupura Road, Tehsil Jarranwala, District,Faisalabad

Financial Highlights

Results for the year

June-30

June-30

2023

2022

Sales - net

-

-

Cost of sales

-

-

Gross Loss

-

-

Distribution cost

-

-

___________________________________________________________________

Registered Office: 3rd Floor, Plot No. 91, Sharif Plaza, Hassan Commercial Zone, Al Rehman Garden, Phase-2, Saggian Bypass, Lahore

Ph: 0300-8659501 Email: fm@bilalfibres.com

BILAL FIBRES

L I M I T E D

MANUFACTURERS & EXPRTERS OF YARN

ISO-9001-2008 CERTIFIED

Registeration # 9910765

EXPORT REGISTERATION NO W-077224

NTN 0658669-4

SALES TAX REGISTERATION NO

IMPORTER REGISTERATION NO W-211496

04-04-5202-011-46

Administrative expenses

(24,440,629)

(25,672,871)

Other operating expenses

-

(2,722,127)

Other Income

6,000,000

22,689,257

Finance cost

(5,025,841)

(49,852,229)

Loss before taxation

(23,466,470)

(55,557,970)

Taxation

-

-

Loss after taxation

(23,466,470)

(55,557,970)

Loss per share - basic and dilute

(1.66)

(3.94)

The company has closed its operations Since 2016 that is why there is no such comparison of sales, Gross profit and Expenses.

FUTURE OUTLOOK

The management of the Company is still trying to starts its operation again but due to significant rise in cost of production, raw material and currency devaluation clubbed with decrease in prices of textile end products and reduced the buying power of customers due to high inflation overall at world level result making difficult for the Company to starts its operation immediately.

The Company is also trying to settled the matter with the banking companies and the management of the company is very confident that the matter will be resolved soon.

QUESTION AND ANSWR SESSION

THANK YOU.

___________________________________________________________________

Registered Office: 3rd Floor, Plot No. 91, Sharif Plaza, Hassan Commercial Zone, Al Rehman Garden, Phase-2, Saggian Bypass, Lahore

Ph: 0300-8659501 Email: fm@bilalfibres.com

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Bilal Fibres Ltd. published this content on 01 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 December 2023 05:20:18 UTC.