Artistic Denim Mills Limited Announces Financial Results with Substantial Dividend Increase

Karachi, Artistic Denim Mills Limited (ADMM) disclosed its financial outcomes for the period January-February 2024, presenting an earnings per share (EPS) of Rs 12.63 for the fiscal year 2022/2023. The company, listed on the Pakistan Stock Exchange since 1995, announced a dividend of 35%, a significant rise from the previous year’s 20%. The share price for today was noted at Rs 47.70 with a paid-up capital of Rs 840.00 million. The company has a history of consistent financial performance, marking a pivotal moment for its shareholders and the textile composite sector.