International Knitwear Ltd Reports Negligible Earnings in 2023

Karachi, International Knitwear Ltd, listed as INKL on the Pakistan Stock Exchange, reported its financial results for the year ending June 2023. The company, with a paid-up capital of Rs. 96.75 million, declared a 7.5% distribution for 2021 and 10% for 2023, but reported no distribution for 2022. The stock’s high rate was Rs. 16, and the low rate was Rs. 12, with a negative EPS of (0.01) for January-November 2023. The total turnover was 273,500. International Knitwear has been part of the stock exchange since 1994, with its last book closure on October 21, 2022.

Check Also

Pakistan Emphasizes Diplomacy for Iran Nuclear Issue

Islamabad: Pakistan has reiterated that the Iran nuclear issue should be addressed through peaceful means. The remarks were made by Pakistan's Permanent Representative to the UN, Asim Iftikhar Ahmad, while speaking on the Security Council Vote on the ...