AEL Textiles Ltd. Reflects Market Challenges

Karachi, AEL Textiles Ltd. NC (AEL) settled at Rs. 26.50, with the average rate slightly lower at Rs. 26.05. The company’s paid-up capital is recorded at Rs. 80.00 million. In a challenging year, AEL has opted not to distribute dividends. Since listing in 1996, the company’s shares fluctuated between a high of Rs. 31.5 and a low of Rs. 9.5, resulting in a turnover of 1,541,500 shares. The EPS stood at -5.04, indicating a challenging period for the firm.

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Junaid Chaudhry Announces Establishment of Fisheries, Aquaculture Centre in Karachi

Karachi: Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced the establishment of a fisheries and aquaculture research centre at the Korangi Fish Harbour Authority in Karachi. According to Radio Pakistan, the Minister stated ...