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Karachi, Ashfaq Textile Mills Ltd. has declared a 10% dividend for the fiscal year despite facing a downturn, reporting an earnings per share (EPS) of negative Rs. 1.72 for the period from January to April 2024. The company, which listed on the Pakistan Stock Exchange in 1991, recorded a daily weighted average rate of Rs. 14.35 with a turnover of 59,000 shares. Despite the negative earnings, the company continues to engage its shareholders with dividends.
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