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Karachi, Reliance Weaving Mills, symbolized as REWM on the Pakistan Stock Exchange, announced its financial performance for the year ending June 2023. The company, with a paid-up capital of Rs. 308.11 million, reported a decline in distributions, declaring 75% in 2021 and 40% in 2022, but none for 2023. The stock’s daily weighted average rate was Rs. 69.14, with a high rate of Rs. 91 and a low rate of Rs. 44.35. The earnings per share (EPS) for January-November 2023 stood at Rs. 56.24, and the total turnover was 2,235,000. Reliance Weaving Mills has been listed since 1992, with its last book closure on October 21, 2022.
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