Breaking News

Suraj Cotton Mills Ltd. Reports Decline in Distributions for 2023

Karachi, Suraj Cotton Mills Ltd., identified by the symbol SURC on the Pakistan Stock Exchange, announced a decline in distributions for the year ending June 2023. The company, with a paid-up capital of Rs. 488.10 million, reported a 100%10%B distribution in 2021 and 40% in 2022, but only 10%10%B in 2023. The stock traded at Rs. 146.00, with an EPS of Rs. 63.43 for January-November 2023. The turnover was 114,200. Suraj Cotton Mills has been on the exchange since 1988, with its last book closure on October 21, 2022.

Check Also

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...