Saif Textile Mills Ltd reports drastic loss in earnings

Islamabad, Saif Textile Mills Ltd reported a substantial loss in earnings per share, decreasing by Rs. -42.93 for January to April 2024. The company’s shares traded at Rs. 11.60 today, slightly higher than the daily average of Rs. 11.30. According to information available from the Pakistan Stock Exchange (PSX), Saif Textile Mills saw a high trading volume of 2,605,000 shares. The company, listed since 1992 and with a paid-up capital of Rs. 264.13 million, did not declare any financial distributions in June.