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Shams Textile Mills Ltd. Reports No Distribution for 2023

Karachi, Shams Textile Mills Ltd., symbolized as STML on the Pakistan Stock Exchange, reported no distribution for the year ending June 2023. The company’s paid-up capital is Rs. 86.40 million. It declared a 20% distribution in 2021 but none for the subsequent years. The stock’s rate was Rs. 24.00, with an EPS of Rs. 41.84 for January-November 2023. The turnover reached 123,500. Shams Textile Mills has been listed since 1970, with its last book closure on October 21, 2022.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...