Ghazi Fabrics International Confronts Challenges with Negative Earnings

Karachi, Ghazi Fabrics International Ltd. (GFIL) faced hurdles, as reflected in its negative earnings per share (EPS) of Rs (14.00) for JanuaryFebruary 2024. The company’s share price remained unchanged at Rs 6.52, indicating a static market presence. With no distributions announced for 2022 and 2023, and a paidup capital of Rs 326.36 million, GFIL’s performance signals a challenging period ahead. Established in 1992, the company traded 1,764,000 shares, as it strives to navigate through the complexities of the textile composite sector.