Prosperity Weaving Mills Ltd. Announces Significant Dividend

Karachi, Prosperity Weaving Mills Ltd. (PRWM) declared a substantial annual dividend of 50% and an additional 30% in bonus shares. The company’s EPS soared to Rs. 8.29 for January-March 2024, a robust performance compared to the same period last year. The stock’s high rate for the day was Rs. 184.80 with a turnover of 76,500, signaling active market participation. The company, listed in 1995, also set its previous book closure date as October 21, 2022.