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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.

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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...