Saif Textile Mills Ltd. NC Faces Challenges with Negative EPS Amid No Dividends

Karachi, Saif Textile Mills Ltd. NC (Symbol: SAIF) traded at Rs. 11.89 today, slightly above its daily average of Rs. 11.40. According to information available from the Pakistan Stock Exchange (PSX), SAIF has not declared any dividends for the recent years. The company, with a paid-up capital of Rs. 264.13 million, saw a substantial trading volume of 2,605,000 shares. Since its listing in 1992, SAIF recorded a high of Rs. 11.75 and a low of Rs. 8.41 from January to April 2024, and a deeply negative earnings per share of Rs. -42.93 for 2022/2023.