

Company Profile
Saritow Spinning Mills Limited was incorporated in Pakistan on March 10, 1987 as Public Limited Company under the Companies Ordinance, 1984. The principal activity of the Company is manufacturing and sale of yarn.
Mr. Samir Iqbal Saigol | CEO |
Mr. M. Naseem Saigol | Chairman |
Mr. Anees-ur-Rehman | Company Secretary |
M/s Corplink (Pvt.) Limited Wings Arcade, 1-K, Commercial, Model Town, Lahore
Rahman Sarfraz Rahim Iqbal Rafiq Chartered Accountants.
June
Equity Profile
Announcements
Date | Title | Document |
---|---|---|
Feb 26, 2021 | Financial Results for the 2nd Quarter (Half Year) Ended Dec 31, 2020 (Un-Audited) | View PDF |
Oct 29, 2020 | Transmission of Quarterly Report for the Period Ended September 30, 2020 (Un-Audited) | View PDF |
Oct 29, 2020 | Financial Results for the 1st Quarter Ended September 30, 2020 (Un-Audited) | View PDF |
Oct 8, 2020 | Transmission of Annual Report for the Year Ended June 30, 2020 | View PDF |
Oct 7, 2020 | Financial Results for the Year Ended June 30, 2020 | View PDF |
May 4, 2020 | SSML - Transmission of Quarterly Report for the Period Ended March 31, 2020 | View PDF |
May 4, 2020 | SSML - Financial Results for the 3rd Quarter Ended March 31, 2020 (un-audited) | View PDF |
Feb 28, 2020 | Transmission of Quarterly Report for the Period Ended December 31, 2019 | View PDF |
Feb 27, 2020 | Financial Results for the 2nd Quarter Ended December 31, 2019 (un-audited) | View PDF |
Oct 31, 2019 | Transmission of Quarterly Report for the Period Ended September 30, 2019 | View PDF |
Oct 31, 2019 | Financial Results for the 1st Quarter Ended September 30, 2019 (un-audited) | View PDF |
Date | Title | Document |
---|---|---|
Mar 3, 2021 | Notice of Extraordinary General Meeting (Election of Directors') | View PDF |
Feb 19, 2021 | Board Meeting for the 2nd Quarter (Half Year) Ended December 31, 2020 (Un-Audited) | View PDF |
Oct 22, 2020 | Board Meeting for the 1st Quarter Ended September 30, 2020 (Un-Audited) | View PDF |
Oct 8, 2020 | Notice of Annual General Meeting | View PDF |
Sep 30, 2020 | Board Meeting for the Year Ended June 30, 2020 | View PDF |
Apr 23, 2020 | SSML - Board Meeting for the 3rd Quarter Ended March 31, 2020 | View PDF |
Feb 21, 2020 | Board Meeting for the 2nd Quarter (Half Year) Ended December 31, 2019 | View PDF |
Oct 30, 2019 | Board Meeting in Progress | View |
Oct 23, 2019 | Board Meeting for the 1st Quarter Ended September 30, 2019 | View PDF |
Oct 7, 2019 | Notice of Annual General Meeting for the Year Ended June 30, 2019 | View PDF |
Sep 27, 2019 | Board Meeting | View PDF |
Apr 24, 2019 | Board Meeting for the 3rd Quarter Ended March 31, 2019 | View PDF |
Date | Title | Document |
---|---|---|
Mar 1, 2021 | Transmission of Quarterly Report for the 2nd Quarter (Half Year) Ended December 31, 2020 (Un-Audited) | View PDF |
Jan 22, 2021 | Miscellaneous Information | View PDF |
Oct 8, 2020 | Change of Directors | View PDF |
Mar 31, 2020 | Material Information - SUSPENSION OF OPERATIONS DUE TO COVID-19 | View PDF |
Nov 21, 2019 | CORPORATE BRIEFING SESSION (CBS) | View PDF |
Oct 4, 2019 | Change of NIT Nominee Director | View PDF |
Feb 28, 2019 | Transmission of Quarterly Report for the 2nd Quarter (Half Year) Ended December 31, 2018 | View PDF |
Oct 8, 2018 | Material Information | View PDF |
May 7, 2018 | CDC - SSML | Saritow Spinning Mills Limited | |
Mar 22, 2018 | Miscellaneous | View PDF |
Oct 15, 2015 | SSML | Saritow Spinning Mills Limited |
Financials
All numbers in thousands (000's) except EPS
2020 | 2019 | 2018 | 2017 | |
---|---|---|---|---|
Sales | 2,812,843 | 3,494,805 | 2,993,265 | 2,934,545 |
Profit after Taxation | (58,204) | 52,501 | 17,868 | 13,779 |
EPS | (1.95) | 1.76 | 0.60 | 0.46 |
Q2 2021 | Q1 2021 | Q3 2020 | Q2 2020 | |
---|---|---|---|---|
Sales | 881,785 | 876,182 | 814,526 | 936,105 |
Profit after Taxation | 49,838 | 8,734 | (12,566) | (6,514) |
EPS | 1.67 | 0.53 | (0.42) | (0.22) |

Ratios
2020 | 2019 | 2018 | 2017 | |
---|---|---|---|---|
Gross Profit Margin (%) | 4.37 | 7.39 | 5.96 | 5.55 |
Net Profit Margin (%) | (2.07) | 1.50 | 0.60 | 0.47 |
EPS Growth (%) | (210.80) | 193.33 | 30.43 | 120.72 |
PEG | 0.01 | 0.01 | 0.44 | 0.17 |
Payouts
Date | Financial Results | Details | Book Closure |
---|---|---|---|
October 9, 2013 2:12 PM | 30/06/2013(YR) | 10% (D) | 24/10/2013 - 31/10/2013 |
July 31, 2007 1:45 PM | 30/06/2OO7(YR) | 5%(i) (D) | 24/08/2007 - 31/08/2007 |