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Ghazi Fabrics International Ltd Faces Financial Challenges

Karachi, Ghazi Fabrics International Ltd (GFIL) faced financial challenges in 2023, with its stock priced at Rs. 5.21. The company, with a paid-up capital of Rs. 326.36 million and listed since 1992, reported an EPS of Rs. 6.02, an increase from Rs. 3.1 in the previous year. Ghazi Fabrics declared a 7.5% distribution in 2021 but none for the subsequent years, indicating a period of financial difficulty.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...