Crescent Cotton Mills Ltd. Demonstrates Steady Growth with Modest Dividends

Karachi, Crescent Cotton Mills Ltd., trading as CCM, recorded a solid market performance with a closing rate of 107.00 RS. The company, with a significant paid-up capital of 226.60 million RS, declared a dividend of 7.5%, indicating stable financial health. According to information available from the Pakistan Stock Exchange (PSX), the trading volume reached 358,000 shares, with a high of 104.5 RS and a low of 99 RS. The earnings per share for 2022/2023 were reported at 5.07 RS, reflecting steady growth and resilience in the textile industry.