Nishat Mills Ltd. Announces Robust Annual Profit

Lahore, Nishat Mills Ltd. (NML), one of the leading textile mills, disclosed its annual earnings with an EPS of 34.60 for January-February 2024. The company’s shares closed at 67.96, with a daily weighted average rate of 68.16. Nishat Mills, which went public in 1961, announced a 40% distribution and a 50% bonus for the previous year. The company, with a paid-up capital of Rs. 3,516.00 million, saw a turnover of 27,200,760 shares.

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