Shadab Textile Mills Ltd. Maintains Steady Performance in 2023

Karachi, Shadab Textile Mills Ltd. (SHDT) maintained a steady performance in 2023. The company’s stock traded at Rs. 12.05, with a slight increase in the daily weighted average rate to Rs. 12.23. SHDT, with a paid-up capital of Rs. 166.00 million, reported an EPS of Rs. 10.28, a marginal increase from Rs. 10.55 in the previous year. The company, listed since 1985, declared distributions of 10% and 5% in recent years but none for the current year.