Janana De Malucho Textile Mills Limited Reports Substantial Loss in 2024 Earnings

Karachi, In the latest financial disclosures to the Pakistan Stock Exchange, Janana De Malucho Textile Mills Limited (JDMT) has reported significant challenges, posting a negative earnings per share (EPS) of Rs. 11.61 for the period from January to April 2024. Despite a high share rate of Rs. 69.16 and trading activity, the company did not announce any dividend for the current financial year. The textile spinning entity, listed since 1962, experienced a low rate of Rs. 56 in share value, reflecting a downturn in its financial performance.