Quetta Textile Mills Ltd Faces Market Challenges

Karachi, Quetta Textile Mills Ltd, listed as QUET, closed at Rs. 8.81, with a daily weighted average rate of Rs. 8.64. The company’s paid-up capital is Rs. 130 million. QUET did not declare any distributions for 2021, 2022, or 2023. The par value of the stock is Rs. 10, with a market lot of 500. The last book closure was on October 21, 1971. The high and low rates for January to November 2023 were Rs. 22.03 and Rs. 8.11, respectively, with a turnover of 2,990,000. The EPS was negative, at Rs. (28.33).