Mahmood Textile Mills Ltd. Reports Exceptional Financial Performance

Karachi, Mahmood Textile Mills Ltd. (MEHT) reported exceptional financial performance for the year ending June 2023. The company’s daily weighted average rate was Rs. 300.00, with a paid-up capital of Rs. 300.00 million. MEHT declared a 100% cash and a 60% bonus distribution. Since its listing in 1973, the company’s share price peaked at Rs. 1065.33 and dropped to Rs. 440, with a turnover of 48,500 shares. The EPS for the period was Rs. 40.06.

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