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Asim Textile Mills Reports Negative Earnings Amid Sector Challenges

Karachi, Asim Textile Mills Ltd (ASTM), a key player in the textile spinning industry since 1991, has reported negative earnings per share (EPS) of 1.94 for the fiscal year 2022/2023. Despite facing industrywide challenges, the company’s share price saw a daily weighted average rate of 12.16 rupees. With no distributions declared, Asim Textile Mills is focused on overcoming the setbacks and improving its financial health in the coming periods.

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Dar Stresses Consumer-Centric Power Sector Reforms

Islamabad: Deputy Prime Minister and Foreign Minister Ishaq Dar chaired a meeting of the Committee constituted by the Prime Minister to review proposed reforms in the Power Sector. The meeting reviewed progress on the reform and privatisation agenda, ...