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.

Check Also

Pakistan Emphasizes Diplomacy for Iran Nuclear Issue

Islamabad: Pakistan has reiterated that the Iran nuclear issue should be addressed through peaceful means. The remarks were made by Pakistan's Permanent Representative to the UN, Asim Iftikhar Ahmad, while speaking on the Security Council Vote on the ...