Emco Industries Ltd. Reports Steady Growth in Cable and Electrical Goods Sector

Karachi, Emco Industries Ltd. (EMCO), a key player in the Cable and Electrical Goods sector, reported a stable performance for the year ending June 2023. The company’s today’s rate stood at Rs. 37.01 with a daily weighted average rate of Rs. 37.41. Emco, with a paid-up capital of Rs. 350 million, declared distributions of 10% in 2021 and 5% for the subsequent years, reflecting its consistent market presence since its listing in 1984. The company’s high and low rates for the period were Rs. 20.88 and Rs. 5.77, respectively.