Masood Textile Mills Announces Stable Closing Rates for Both Common and Preference Shares

Faisalabad, Masood Textile Mills, listed under both common and preference shares categories on the Pakistan Stock Exchange, reported a closing rate of 675.00 for its common shares and 275.00 for its preference shares. The financial disclosures, effective for the period ending June 2024, highlight a dividend of Rs.1.16 for preference shareholders, contrasted with no dividend for the common shareholders. Both stock categories maintain a par value of Rs.10 with a market lot of 500 shares, and a previous book closure set for October 21. The common shares experienced an EPS (Earnings per Share) of 43.01 in the fiscal year 2022/2023, while the preference shares posted an EPS of 11.88. Masood Textile Mills was first listed in 1988 with preference shares added in 2016.