Colony Textile Mills Demonstrates Modest Earnings

Karachi, Colony Textile Mills Ltd NC (CTM) revealed its yearend financials for June 2024, with an EPS of Rs. 1.66. The company, which has not distributed dividends in recent years, experienced a wide share price range, with a high of Rs. 2.74 on a turnover of 3,859,000 shares. Since joining the market in 2014, Colony Textile Mills has established itself with a paidup capital of 500 million rupees, signaling steady progress in the textile sector.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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