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Gul Ahmed Textile Mills Ltd. Holds Steady on Dividends and Share Price

Karachi, Gul Ahmed Textile Mills Ltd. (GATM), with an extensive paid-up capital of Rs 7,400.60 million, declared a 20% bonus dividend, maintaining its previous year’s distribution. The company’s EPS was recorded at Rs 19, while its share price marginally increased to Rs 20.00 from an average rate of Rs 20.07.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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