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Ellcot Spinning Mills Ltd. Delivers High Dividend Returns

Karachi, Ellcot Spinning Mills Ltd. (ELSM) announced a 60% dividend in 2023, maintaining a consistent high dividend payout with 100% dividends in the previous years. The company’s stock is not listed for trading rate but has a paid-up capital of Rs. 109.50 million and reported a high rate of Rs. 156 and an earnings per share of Rs. 74.30.

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Pakistan and Kuwait Pledge to Enhance Bilateral Ties

Islamabad: Pakistan and Kuwait have reaffirmed their commitment to strengthen their brotherly relations. Deputy Prime Minister and Foreign Minister Ishaq Dar engaged in talks today with the Foreign Minister of Kuwait, Sheikh Jarrah Jaber al-Ahmad al-S...