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Redco Textiles Ltd Faces Challenges with No Year-End Distributions

Karachi, Redco Textiles Ltd, symbolized as REDCO, reported no distributions for the years 2021, 2022, and 2023. The company’s paid-up capital is Rs. 6.50 million. REDCO’s EPS for January-November 2023 is Rs. 1.12, with a high rate of Rs. 10 and a low rate of Rs. 5. The turnover was 822000. Redco Textiles, listed in 1993, has a market lot of 500 and a par value of Rs. 10.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...