Saritow Spinning Mills Ltd Reports Significant Loss

Karachi, Saritow Spinning Mills Ltd, identified by the stock code SSML, has experienced a substantial loss, posting an earnings per share of Rs. (14.45) for January and February 2024. Operating with a daily weighted average rate of Rs. 298.41, the company announced no distributions for the previous year. With a paid-up capital amounting to Rs. 500 million, Saritow Spinning Mills has been a part of the Pakistan Stock Exchange since 1990, with its last book closure dated October 21.