Bhanero Textile Mills Posts Massive Dividend Increase

Karachi, Bhanero Textile Mills Ltd. (BHAT) has declared a substantial dividend of 350% for 2023, a significant increase from the 715% dividend in 2022. The company’s earnings per share (EPS) were reported at Rs 925 for the fiscal year. Bhanero Textile, with a paid-up capital of Rs 30.41 million and listed since 1989, traded its stock at a market lot of 50 shares. The stock achieved a high rate of Rs 1055.00. The previous book closure was on October 20.