Kohinoor Spinning Mills Ltd Reports Loss, Reflecting Sectoral Headwinds

Karachi, Kohinoor Spinning Mills Ltd (KOSM) faced a tough year in 2022/2023, reporting a loss of Rs. 3.37 per share. The company, with a paid-up capital of Rs. 2,060.53 million, did not declare any dividends, underscoring the broader challenges within the textile spinning sector. Listed since 1984, Kohinoor Spinning Mills Ltd’s financial performance is a testament to the prevailing economic and sector-specific challenges that have impacted many companies in the industry.

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