Bhanero Textile Mills Ltd. Announces Substantial Financial Distributions for 20222023

Karachi, Bhanero Textile Mills Ltd. (BHAT), a prominent entity within the textile composite sector, has declared its financial distributions for the fiscal year ending June 2023. The company has set a record with its dividend announcement of 715%, coupled with a bonus distribution of 350%. Trading at a daily weighted average rate of Rs. 1050.00, the shares of Bhanero Textile Mills reached a high of Rs. 1020 and a low of Rs. 925 during January to February 2024. With a relatively small paidup capital of Rs. 30.41 million, the company, listed since 1989, experienced a trading volume of 350 shares.

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