Shadab Textile Mills Ltd Reports Loss in Recent Financial Announcement

Karachi, Shadab Textile Mills Ltd, listed under the symbol SHDT on the Pakistan Stock Exchange, has reported a loss of Rs. (6.49) per share for the January-February 2024 period. Despite a daily weighted average rate of Rs. 166.00, the company declared a 5% distribution for the previous fiscal year but no further specifics were provided. Shadab Textile Mills has a paid-up capital of Rs. 500 million and was listed in 1985. The previous book closure was on October 22.