Mahmood Textile Mills Ltd. Reports Significant Dividend and Bonus Issue

Karachi, Mahmood Textile Mills Ltd. (MEHT), a prominent entity on the Pakistan Stock Exchange, declared a 100% dividend and a 60% bonus issue for its shareholders for the year ending June 2022/2023. The company’s share price reached a yearly high of 560.3 Rs. and a low of 386 Rs., with today’s rate standing at 396.67 Rs. The paidup capital of the company is 300.00 million Rs. The trading volume was relatively low, with only 3,350 shares exchanged. Mahmood Textile Mills, listed since 1973, recorded an EPS of 40.06 Rs. during January to February 2024.

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