Artistic Denim Mills Limited Announces Profitable Returns

Karachi, Artistic Denim Mills Limited NC (ADMM) concluded trading at Rs. 57.49, with a slight increase in the daily weighted average rate to Rs. 57.75. With a robust paid-up capital standing at Rs. 840.00 million, ADMM has declared a consistent distribution of 20% over the past years, culminating in a 35% distribution for the current period. Since its inception in the market in 1995, ADMM reached a yearly high of Rs. 60.5 and a low of Rs. 47. The trading year saw a significant turnover of 4,772,000 shares, contributing to an EPS of 4.21 from January to November 2023.

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