Sapphire Fibres Limited NC Reports Substantial Dividend

Karachi, Sapphire Fibres Limited NC (SFL) showed a daily weighted average rate of Rs. 1480.00. The company, with a paid-up capital of Rs. 206.72 million as of June, declared a 100% distribution for both 2022 and 2023. SFL reached a high market rate of Rs. 2040. The last book closure was on 20/10, and the company has a par value of Rs. 10. Sapphire Fibres Limited’s significant dividend reflects its strong position in the textile composite sector.

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