Sunrays Textile Mills Ltd. Announces Substantial Dividend Payout

Karachi, Sunrays Textile Mills Ltd. NC (SUTM) maintained a steady closing rate of Rs. 111.00, aligning with its daily weighted average. The firm, boasting a paid-up capital of Rs. 207.00 million, announced impressive distributions totaling 200% and 200%B, with an additional 50% and 20%. Established in the market since 1992, SUTM achieved a high rate of Rs. 161 and a low of Rs. 83.35 in 2023. The company’s turnover reached 307,500 shares, and it posted a high EPS of 55.56 from January to November 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 ...