Shams Textile Mills Ltd. Announces Profitable Dividend

Karachi, Shams Textile Mills Ltd. NC (STML) closed at Rs. 24.00 per share. The company, with a paid-up capital of Rs. 86.40 million, declared a 20% dividend for its shareholders. STML, listed since 1970, reached a high of Rs. 43.8 and a low of Rs. 22 this year, indicating solid performance in the market. The turnover volume was 123,500 shares, with an impressive EPS of 41.84 reported for the January to November period in 2023.

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President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

Islamabad: President Asif Ali Zardari has appreciated the Saudi Ambassador to Pakistan, Nawaf bin Said Al-Malkiy, for strengthening the longstanding fraternal and strategic ties between Pakistan and Saudi Arabia. He was talking to the Ambassador, who ...