Feroze1888 Mills Ltd. NC Achieves Strong Market Performance

Karachi, Feroze1888 Mills Ltd., trading as FML, has achieved strong market performance in the Pakistan Stock Exchange, closing at Rs. 90.00 with a daily weighted average rate of Rs. 89.99. The company’s significant paid-up capital of Rs. 3,994.09 million, along with dividends of 34.3% in 2021 and a revised dividend structure in 2022 and 2023, underscores its financial resilience. Since its listing in 1975, Feroze1888 Mills Ltd.’s highest rate was Rs. 97.26, and the lowest was Rs. 54.07. The turnover was 1,406,000 shares, with an EPS of Rs. 11.44 for 2021/2022.

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