Shadab Textile Mills Ltd. Faces Downturn, Reports Negative EPS

Karachi, Shadab Textile Mills Ltd. (SHDT) faced a challenging financial year ending June 2023. The company’s daily weighted average rate was Rs. 166.00, with a market high of Rs. 18.00 and a low of Rs. 10.55. SHDT declared a 5% dividend. The turnover reached 1,545,000 shares. The Earnings Per Share (EPS) for January-December 2023 was a negative Rs. (6.49).

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