Sapphire Textile Mills Ltd. Announces Impressive Gains in 2023

Karachi, Sapphire Textile Mills Ltd., listed on the Pakistan Stock Exchange under the symbol SAPT, reported significant financial performance for the year 2023. The company’s rate remained steady at Rs. 1200.00, with a daily weighted average rate also at Rs. 1200.00. The paid-up capital was recorded at Rs. 216.90 million. For the year ending in June 2023, Sapphire Textile Mills distributed 100% dividends, consistent with the previous two years. The company, listed in 1974, showed a high rate of Rs. 1280 and a low of Rs. 885.1, with a turnover of 17860. The EPS from January-November 2023 was Rs. 150.44, marking a strong performance in the textile spinning sector.

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