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Redco Textiles Ltd Reports Modest Market Activity

Karachi, Redco Textiles Ltd (REDCO), active in the textile industry, ended at Rs. 6.30 on the Pakistan Stock Exchange. The company, with a paid-up capital of Rs. 492.93 million, had a daily weighted average rate of Rs. 6.26. REDCO did not announce any dividends from 2021 to 2023. The stock achieved a high of Rs. 10 and a low of Rs. 5, with a turnover of 822,000 shares. Listed since 1993, REDCO posted an EPS of Rs. 1.12 for January-November 2023.

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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...