Shams Textile Mills Ltd. Maintains Stability in 2023

Karachi, (PPI Bot): Shams Textile Mills Ltd., listed under the symbol STML, reported a stable financial performance for 2023, according to the Pakistan Stock Exchange. The company’s closing rate stood at Rs. 24.00, with a paid-up capital of Rs. 86.40 million. For the fiscal year ending in June, Shams Textile declared a 20% distribution in 2021, but none in 2022 and 2023. The earnings per share (EPS) for January-October 2023 were Rs. 43.8, compared to Rs. 41.84 in the previous year, indicating a consistent financial trajectory.

The post Shams Textile Mills Ltd. Maintains Stability in 2023 appeared first on Pakistan Company News.

Check Also

Dar Welcomes Removal of Pakistan from War Risk Insurance List

Islamabad: Deputy Prime Minister Ishaq Dar has welcomed the decision of the Lloyd's Market Association's Joint War Committee to remove Pakistan from its listed areas for war risk insurance. In a post on his X handle, he said that this important milest...