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.

Check Also

President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

Islamabad: President Asif Ali Zardari has appreciated the Saudi Ambassador to Pakistan, Nawaf bin Said Al-Malkiy, for strengthening the longstanding fraternal and strategic ties between Pakistan and Saudi Arabia. He was talking to the Ambassador, who ...