Reliance Weaving Mills Announces Strong Distributions

Karachi, Reliance Weaving Mills, trading under REWM, declared distributions of 75% in 2021, 40% in 2022, and no distribution in 2023. The company’s paid-up capital is Rs. 73.50 million. REWM’s EPS for January to November 2023 is Rs. 56.24, with a high rate of Rs. 91 and a low rate of Rs. 44.35. The turnover was 2235000. Reliance Weaving Mills, listed in 1992, has a market lot of 500 and a par value of Rs. 10.

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President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

Islamabad: President Asif Ali Zardari has appreciated the Saudi Ambassador to Pakistan, Nawaf bin Said Al-Malkiy, for strengthening the longstanding fraternal and strategic ties between Pakistan and Saudi Arabia. He was talking to the Ambassador, who ...