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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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Pakistan and Iran FMs Discuss Middle East Situation

Islamabad: Pakistan's Deputy Prime Minister and Foreign Minister, Ishaq Dar, reaffirmed the country's commitment to supporting a sovereign Palestinian state during a recent phone conversation with Iran's Foreign Minister, Seyyed Abbas Araghchi. The di...

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