Janana De Malucho Textile Mills Limited Reports No Dividend for 2024

Karachi, In a recent financial announcement to the Pakistan Stock Exchange, Janana De Malucho Textile Mills Limited (JDMT) declared no dividend for the fiscal year ending March 2024. The company, listed since 1962 and operating in the textile spinning sector, reported a turnover with a daily weighted average rate peaking at 69.16 and a low of 61.25. Despite a long history in the market, JDMT has opted not to distribute earnings to its shareholders for this period, maintaining a status quo from the previous year. The paid-up capital remains unchanged, indicating stability in the company’s financial structure.