Shahzad Textile Mills Ltd. Reports Substantial Losses With No Turnover

Karachi, Shahzad Textile Mills Ltd. (SZTM) has reported a challenging fiscal year, with an earnings per share of -14.98 for January to February 2024. The company, with a long-standing presence in the textile spinning sector since 1983 and a paid-up capital of 0 million rupees, did not record any turnover, indicating a period of low activity and financial strain. No dividends were declared, underscoring the tough conditions faced by the company.

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