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.

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