Crescent Cotton Mills Confirms 7.5% Distribution to Shareholders

Karachi, Crescent Cotton Mills Ltd, a prominent name in the textile spinning industry, has declared a 7.5% distribution for its shareholders. With a closing rate of PKR 99.00, the company showcases its solid financial health amid challenging market conditions. Having a significant paid-up capital of PKR 226.60 million and listed on the PSE since 1965, Crescent Cotton Mills recorded an EPS of PKR 99 for the year 2022/2023. This distribution reflects the company’s steady growth and commitment to rewarding its investors.