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Crescent Fibres Ltd. Maintains Market Position with Positive Earnings

Karachi: In today’s trading session, Crescent Fibres Ltd. (CFL) held its ground at Rs. 69.07, presenting a stable market performance. The company, with a capital standing at Rs. 124.18 million, declared a 15% dividend for 2021, while it did not announce any dividends for the subsequent years. The stock fluctuated between Rs. 62.15 and Rs. 41.35, witnessing a turnover of 200,000 shares. The Earnings Per Share (EPS) for January to September 2023 was noted at Rs. 36.58. Crescent Fibres Ltd., having a par value of Rs. 10, a market lot of 500, and a previous book closure on 20/10, has been consistently trading since its listing in 1979.

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