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Ellcot Spinning Mills Ltd. Announces Exceptional Financial Results

Karachi, Ellcot Spinning Mills Ltd. (ELSM) has announced exceptional financial results, with a daily weighted average rate and closing rate of Rs. 90.00. The company, with a paid-up capital of Rs. 109.50 million, declared a 100% distribution and an additional 60% market lot in June 2023. Since its listing in 1990, Ellcot Spinning Mills Ltd. has been a leading entity in the textile spinning sector, with an EPS of Rs. 82.05 for 2022/2023.

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