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Karachi, Reliance Cotton Spinning Mills Ltd. (PSE: RCML), a key entity in the textile sector, announced a substantial annual dividend of 40% to its shareholders. The announcement follows a profitable year with an earnings per share (EPS) of Rs. 81.53 for the fiscal year ending February 2024. Founded in 1993 and listed on the Pakistan Stock Exchange, Reliance Cotton has consistently demonstrated growth and resilience in a competitive market.
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