Reliance Weaving Mills Reports Mixed Results

Karachi, Reliance Weaving Mills, symbolized by REWM, closed at Rs. 68.99, with a daily weighted average rate of Rs. 71.25. The company’s paid-up capital is Rs. 308.11 million. Distributions were 75% in 2021, 40% in 2022, and no distribution in 2023. The par value of the stock is Rs. 10, with a market lot of 500. REWM’s last book closure was on October 21, 1992. The high and low rates for the year were Rs. 91 and Rs. 44.35, respectively, with a turnover of 2,235,000. The EPS for January to November 2023 was Rs. 56.24.