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.

Check Also

Junaid Chaudhry Announces Establishment of Fisheries, Aquaculture Centre in Karachi

Karachi: Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced the establishment of a fisheries and aquaculture research centre at the Korangi Fish Harbour Authority in Karachi. According to Radio Pakistan, the Minister stated ...