Crescent Fibres Ltd. NC Reports Surge in Profits in the Year Ending 2023

Karachi,Crescent Fibres Ltd. (CFL), a prominent player in the textile spinning industry, has reported substantial growth in its profits for the year ending 2023. The company’s today’s rate stood at Rs. 55.90, with a daily weighted average rate of Rs. 55.51. Despite the challenging economic climate, CFL managed to achieve an impressive EPS of Rs. 124.18 for the year ending 2023, compared to Rs. 36.58 in the previous year. The company’s high rate reached Rs. 62.15, while the low rate was Rs. 41.35. With a turnover of 200,000 shares, Crescent Fibres Ltd. has displayed resilience and a positive outlook in the textile spinning sector.

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