Masood Textile Mills Preference Shares Display Modest Performance

Karachi, Masood Textile Mills Preference, trading as MSOTPS, closed at a rate of Rs. 9.44. The company, with a paid-up capital of Rs. 275 million, declared distributions of 0.93 paisa in 2021, Rs.1.16 in 2022, and Rs.1.82 in 2023. The par value is set at Rs. 10, with a market lot of 500. MSOTPS’s previous book closure was on October 21, 2016. The company did not record any high or low rates for the period from January to November 2023, and the turnover was 11,880.

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