Arctic Textile Mills Maintains Steady Rates with No Dividend Announcement

Karachi: Arctic Textile Mills (ARCTM) concluded trading at Rs. 16.35, closely aligned with its daily weighted average of Rs. 16.31. Despite having a paid-up capital of Rs. 131.75 million, there were no dividends declared for the current year. The stock reached a high of Rs. 19 and a low of Rs. 8.3, with earnings per share at Rs. 2.52. The company’s shares, with a par value of Rs. 10, are sold in lots of 500. Arctic Textile Mills, which has been listed since 1989, noted its previous book closure on 21/10.

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