AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Faisalabad, Crescent Textile Mills Ltd. (CRTM), a stalwart in the textile composite sector, declared a regular dividend of 10%, consistent with the previous year. With a significant turnover of 1,008,500 million rupees and a daily weighted average rate of 5.61 rupees, the company demonstrates resilience in a challenging market environment. Established in 1959 and listed on the Pakistan Stock Exchange, Crescent Textile Mills has a paid-up capital of 13.01 million rupees. The earnings per share (EPS) for January-February 2024 have been maintained at 2022/2023, indicating steady financial health and dedication to shareholder value.
Check Also
SAI President Criticizes SBP’s Modest Rate Cut, Calls for More Aggressive Reductions
Karachi, Muhammad Kamran Arbi, President of the Site Association of Industry (SAI), has publicly criticized the State Bank of Pakistan's (SBP) recent decision to reduce the interest rate by only 1.5%. Arbi described the cut as "insufficient" for addres...
The post SAI President Criticizes SBP’s Modest Rate Cut, Calls for More Aggressive Reductions appeared first on Pakistan Business News.