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Karachi, Ideal Spinning Mills Ltd. (IDSM) faced significant financial challenges in the year ending June 2023. The company’s daily weighted average rate was Rs. 99.20, with a paid-up capital of Rs. 99.20 million. IDSM declared a 20% distribution for the year. Since its listing in 1991, the company’s share price ranged between a high of Rs. 19.64 and a low of Rs. 13.51, with a turnover of 112,500 shares. The EPS for the year was a concerning Rs. -55.85.
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