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Kohinoor Textile Mills Ltd Adjusts Dividend Strategy Amidst Market Conditions

Karachi, Kohinoor Textile Mills Ltd, active since 1971, has reported a mixed financial outcome with a 10% dividend, discontinuing the previous practice of issuing bonus shares. The company’s stock has reached a high of Rs. 877,436, with an EPS of 8.05, reflecting strategic adjustments to cope with the evolving economic landscape and ensuring consistent shareholder value.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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