Mahmood Textile Mills Ltd. Reports Strong Dividend Payout

Karachi, Mahmood Textile Mills Ltd. NC (MEHT) marked the end of the trading day at Rs. 458.93. The company, with a paid-up capital of Rs. 300.00 million, announced a robust distribution of 100%, consistent with the previous year, along with a 60%B bonus. Since its 1973 market entry, MEHT’s stock price soared to a high of Rs. 1065.33 and dipped to a low of Rs. 451 this year. It saw a turnover of 33,500 shares, leading to a high EPS of 71.50 for January to November 2023.

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President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

Islamabad: President Asif Ali Zardari has appreciated the Saudi Ambassador to Pakistan, Nawaf bin Said Al-Malkiy, for strengthening the longstanding fraternal and strategic ties between Pakistan and Saudi Arabia. He was talking to the Ambassador, who ...