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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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PM Expresses Grief Over Death of JI Secretary General Ameerul Azeem

Islamabad: Prime Minister Muhammad Shehbaz Sharif has expressed deep grief and sorrow over the death of Jamaat-e-Islami Pakistan's Secretary General Ameerul Azeem. Commiserating with the bereaved family, he prayed for the departed soul. According to...