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Artistic Denim Mills Limited Announces Strong Dividend, Karachi

Karachi, Artistic Denim Mills Limited (ADMM) closed at Rs. 52.12, with a daily weighted average rate of Rs. 51.72. The company, with a paid-up capital of Rs. 840 million, declared a 20% dividend for 2022 and 35% for 2023. Its high rate was Rs. 60.5, and the low rate was Rs. 47, with a turnover of 5,742,500 shares. The EPS for 2022/2023 was Rs. 4.21. Artistic Denim Mills Limited has been listed on the Pakistan Stock Exchange since 1995.

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