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Dewan Farooque Spinning Faces Downturn with Negative EPS

Karachi, Dewan Farooque Spinning (DFSM), a key entity in the textile spinning industry since 2005, reported a negative earnings per share (EPS) of Rs. (2.93) for the year ending in June 2022/2023. With a paidup capital of Rs. 977.51 million, the company’s stock experienced a trading range between Rs. 3.9 and Rs. 2.77, with a daily weighted average rate of Rs. 3.50. Despite facing challenges, Dewan Farooque Spinning recorded a turnover of 14,201,000. The last book closure was on October 19.

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DPM Emphasizes FDI-Led Economic Growth Strategy

Islamabad: Deputy Prime Minister Ishaq Dar has emphasized the government's policy to invite Foreign Direct Investment in Pakistan, which is undertaken to promote economic and commercial activities in the country. He was chairing a meeting of the Cabin...