Ghazi Fabrics International Ltd Reports Loss in Latest Financial Year

Karachi, Pakistan Stock Exchange announced today that Ghazi Fabrics International Ltd (GFIL) experienced a significant loss in the financial year ending January-February 2024. The company, listed in 1992 with a paid-up capital of 326.36 million rupees, reported an earnings per share (EPS) of negative 14.00 rupees for 2022/2023. Despite this, Ghazi Fabrics did not announce any distributions for the current or previous year. The trading activity for GFIL remained unreported, indicating possible low investor interest amidst its financial performance challenges.