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⏸️ CWSM: HOLD Signal (5/10) – CWSM | Chakwal Spinning Mills Limited Notice of Annual General Meeting 2025

⚡ Flash Summary

Chakwal Spinning Mills Limited will hold its 38th Annual General Meeting (AGM) on October 28, 2025, in Lahore. Shareholders will confirm the minutes of the Extra Ordinary General Meeting (EOGM) held on March 4, 2025, and adopt the audited accounts for the year ended June 30, 2025. The meeting will also involve the appointment of auditors for the year ending June 30, 2026, and address other general business matters. The company has also stated it will not distribute any gifts at the AGM, in compliance with SECP directives.

Signal: HOLD ⏸️

Strength: 5/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

🗓️ AGM Date: October 28, 2025, at 10:30 a.m.
📍 Location: Registered Office in Lahore.
✅ Agenda: Confirmation of EOGM minutes from March 4, 2025.
🧾 Agenda: Adoption of audited accounts for the year ended June 30, 2025.
🧑‍💼 Agenda: Appointment of auditors for the year ending June 30, 2026.
🏢 Auditor Reappointment: Saeed-ul-Hassan & Co. eligible for reappointment.
⏳ Share Transfer Closure: October 21-28, 2025.
✉️ Proxy Requirement: Proxies must be received 48 hours before the meeting.
🆔 CDC Holders: Must bring original CNIC to the AGM.
🌐 Financial Statements: To be uploaded on the company’s website 21 days before the AGM.
🚫 No Gifts: No gifts or giveaways at the AGM.
🖥️ Video Link: Possible video-link if requested by members holding at least 10% shareholding.
💰 Unclaimed Dividends: Shareholders requested to claim outstanding dividends.
📡 Zoom Facility: Shareholders can register for Zoom access via email.
💱 Physical Shares: Encouragement to convert physical shares to electronic form.

🎯 Investment Thesis

Based on the announcement, a HOLD recommendation is appropriate. The information provided is procedural and does not offer insight into the company’s financial performance. A more informed investment decision requires reviewing the audited financial statements for the year ended June 30, 2025. A price target and time horizon cannot be determined without further financial analysis.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 8, 2025

announcements CWSM Signal: SELL

📉 CWSM: SELL Signal (8/10) – Transmission of Annual Accounts For Year Ended June 30, 2025

⚡ Flash Summary

Chakwal Spinning Mills Limited reported a net loss after tax of Rs. 117.727 million for the year ended June 30, 2025, compared to a loss of Rs. 121.746 million in the previous year. The company’s operations have been suspended since 2019 due to severe business losses and economic downturn. Management is exploring viable avenues for revival, focusing on diversifying into information technology and cloud-based businesses. The company’s ability to continue as a going concern is dependent on securing regulatory approvals and successfully executing its IT-focused diversification plan.

Signal: SELL 📉

Strength: 8/10

Sentiment: NEGATIVE

Time Horizon: LONG_TERM

📌 Key Takeaways

📉 Chakwal Spinning Mills reported a net loss of Rs. 117.727 million for FY2025, slightly improved from Rs. 121.746 million in FY2024.
🏭 Operations have been suspended since 2019 due to significant business losses and economic challenges.
💻 The company is shifting focus towards IT and cloud-based businesses for revival.
📜 Regulatory approvals are pending for the company’s transformation plan.
🌐 A key strategy involves establishing Pakistan’s first cloud data center, targeting a USD 750 million market opportunity.
🤝 An agreement with Intermarket Securities Limited (ISL) is in place to raise PKR 1.0 billion through equity injections.
🤔 Auditors have emphasized uncertainty about the company’s ability to continue as a going concern.
⚠️ The company acknowledges auditors’ emphasis on going concern
🏦 The company is involved in litigation with lenders, with unpaid markup since June 2019.
🧾 Tax authorities have demanded Rs. 4.871 million, against which appeals are filed.
🚧 Auditors qualified the opinion due to contingent liabilities, non-accrued interest, and deferred taxation.
🌱 The board believes in integrating Corporate Social Responsibility into its business.
🏢 The Board of Directors fixed the number of directors to seven.

🎯 Investment Thesis

SELL: Given the company’s persistent losses, suspended operations, heavy debt burden, uncertainty regarding regulatory approvals, and reliance on a high-risk turnaround strategy into the IT sector, a SELL recommendation is appropriate. The company is facing material uncertainty related to going concern, which is a significant red flag for investors.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 7, 2025

announcements CWSM Signal: HOLD

⏸️ CWSM: HOLD Signal (4/10) – Financial Result For The Year Ended June 30, 2025

⚡ Flash Summary

Chakwal Spinning Mills Ltd. reported its financial results for the year ended June 30, 2025. The company experienced a Loss after Taxation of PKR (117.727) million, slightly improved from a loss of PKR (121.746) million in the previous year. No cash dividend, bonus shares, or right shares were recommended by the Board of Directors. The company’s financial statements indicate ongoing challenges in profitability and operations, despite some reduction in losses.

Signal: HOLD ⏸️

Strength: 4/10

Sentiment: NEGATIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

1. 📉 Loss after Taxation: PKR (117.727) million in 2025 vs. PKR (121.746) million in 2024.
2. ⚠️ No Dividend: No cash dividend declared for the year ended June 30, 2025.
3. 🚫 No Bonus Shares: No bonus shares were issued.
4. ❌ No Right Shares: No right shares were offered to shareholders.
5. 📉 Gross Loss: PKR (111.887) million in both 2025 and 2024.
6. 💸 Administrative Expenses: PKR (6.847) million in 2025, significantly higher than PKR (2.579) million in 2024.
7. 📉 Operating Loss: PKR (118.735) million in 2025 vs. PKR (125.248) million in 2024.
8. 💰 Other Operating Income: Decreased from PKR 4.803 million in 2024 to PKR 1.260 million in 2025.
9. 📉 Loss per Share: Basic & Diluted loss per share is PKR (0.97) in 2025 compared to PKR (1.00) in 2024.
10. 🏦 Current Liabilities: Totaled PKR 785.488 million in 2025, slightly higher than PKR 780.234 million in 2024.
11. 💰 Short Term Borrowings: Increased to PKR 386.984 million in 2025 from PKR 385.937 million in 2024.
12. 🏭 Property, Plant & Equipment: Decreased to PKR 1,952.939 million in 2025 from PKR 2,065.055 million in 2024.
13. 🏦 Cash and Bank Balances: Decreased slightly to PKR 47,507 in 2025 from PKR 48,665 in 2024.
14. 💸 Cash Flow from Operations: Negative PKR (1.212) million in 2025 compared to positive PKR 1.321 million in 2024.
15. ⬆️ Loan from Directors: Remained constant at PKR 118.777 million.

🎯 Investment Thesis

Given the continued losses and negative cash flow, a HOLD recommendation is appropriate. The company needs to demonstrate consistent profitability and improved operational efficiency before a more positive outlook can be considered. Further monitoring of the company’s performance is warranted to assess long-term viability.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 6, 2025

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