Shahtaj Textile Limited Announces Impressive Dividend Following High Earnings

Karachi, Shahtaj Textile Limited (STJT), a leading entity in the textile weaving sector, declared a substantial 130% dividend along with a 65% bonus for its shareholders, following an impressive earnings per share (EPS) of 15.84 for January-February 2024. The company's share price reached 83.00 rupees, reflecting its strong market performance and financial stability. With a paid-up capital of 96.60 million rupees, Shahtaj Textile maintained a significant turnover of 33,500 units. The announcement, dated October 18 for the previous book closure, underscores the company's exceptional performance in the current fiscal year.