Ashfaq Textile Mills Announces Modest Gains in Textile Weaving Sector

Karachi, Ashfaq Textile Mills Ltd. (ASHT) has reported modest gains in the Textile Weaving sector, according to the latest financial data from the Pakistan Stock Exchange for the year ending June 2023. The company’s shares closed at Rs. 12.01, with its daily weighted average rate matching its closing rate. It achieved a turnover of 177,500 shares and offered a 10% bonus in both 2021 and 2022, with no distributions announced for 2023. The company’s paid-up capital is recorded at Rs. 465.65 million, and its market lot is set at 500 shares. Ashfaq Textile Mills, which was listed in 1991, reported an EPS of Rs. 0.29, reflecting a steady but modest financial performance.