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Redco Textiles Ltd Reports Modest Market Performance

Karachi, Redco Textiles Ltd (REDCO) reported modest market performance in the Pakistan Stock Exchange in 2023. The company’s today’s rate was Rs. 6.50, with a daily weighted average rate also at Rs. 6.50. REDCO, with a paid-up capital of Rs. 492.93 million, did not declare any dividends for 2021, 2022, or 2023. The high and low rates for shares were Rs. 10 and Rs. 5, with a turnover of 822,000 shares. The EPS for Redco Textiles Ltd. was Rs. 1.12.

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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...