Crescent Cotton Mills Announces Modest Dividend Following Profitable Quarter

Karachi, Crescent Cotton Mills Ltd. (CCM) reported an EPS of 5.07 Rs for January to March 2024. The company, which has a long history dating back to 1965, traded its shares at a daily weighted average rate of 226.60 Rs, one of the highest in the sector. A 7.5% dividend was declared, reflecting a stable financial stance with a turnover of 357,500 shares.

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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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