Fazal Cloth Mills Maintains Steady Payouts, Reports No Dividend Increase

Karachi, Fazal Cloth Mills Ltd. (FZCM), with a paidup capital of Rs. 154 million, announced a consistent 100% dividend, maintaining its shareholder rewards at a standstill. Trading activities reflected a stable market response, with share prices oscillating between Rs. 160 and Rs. 142.45, resulting in a turnover of 12,800. The company, a longstanding player in the textile industry since 1970, finalized its financial results on June 21, 2024, without any increment in dividend rates.

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