Ellcot Spinning Mills Ltd. Announces 60% Distribution for June Year-End

Karachi, Ellcot Spinning Mills Ltd. (ELSM) has reported a 60% distribution for the fiscal year ending June 2023, following distributions of 100% in both 2022 and 2021. The company’s closing rate was Rs. 93.00, with a daily weighted average rate of Rs. 109.50. ELSM has a paid-up capital of Rs. 770 million. In terms of performance, the company experienced a high rate of Rs. 82.05 and a low rate of Rs. 0 from January to September 2023, with a total turnover of 77,000.

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President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

Islamabad: President Asif Ali Zardari has appreciated the Saudi Ambassador to Pakistan, Nawaf bin Said Al-Malkiy, for strengthening the longstanding fraternal and strategic ties between Pakistan and Saudi Arabia. He was talking to the Ambassador, who ...