Service Textiles Industries Records Decline, No Dividend for Shareholders

Karachi, Service Textiles Industries Ltd. (SERT) reported a negative EPS of Rs. 11.45 for the first quarter of 2024. The company’s stock traded at Rs. 9.33 today with a total turnover of 90,000 shares. No dividends were declared for this quarter, consistent with the company’s performance in the previous years. Service Textiles has been a part of the market since 1970, with its stock price reaching a high of Rs. 8.85 recently.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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