Gul Ahmed Textile Mills Ltd. Maintains Steady Market Presence with Positive Earnings

Karachi, Gul Ahmed Textile Mills Ltd., trading as GATM on the Pakistan Stock Exchange, has demonstrated consistent market performance. The company’s stock is currently valued at 20.64 Rs., closely aligned with its daily weighted average rate of 20.62 Rs. With a paid-up capital of 7,400.60 million Rs., the company’s financial stability is evident.

Listed since 1970, Gul Ahmed Textile Mills has a market lot of 1 share. The company reported a noteworthy earnings per share (EPS) of 5.39 Rs. for January 2024, a significant rise from the previous years. However, it has not declared any distributions for this period, opting instead for a 20% bonus share issuance.