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Towellers Limited Reports Robust Earnings and High Dividends

Karachi, Towellers Limited (TOWL), listed on the Pakistan Stock Exchange since 1995, has recorded an EPS of Rs. 32.73 for the year 2022/2023. The company has stood out with its high dividend announcements, declaring 120% in 2022 and 130% in 2023. Towellers Limited’s daily weighted average rate was Rs. 191.04, showing an increase to Rs. 192.82. The company’s paid-up capital is Rs. 170.00 million, reflecting its vigorous activity and strong performance in the textile industry.

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Pakistan and Kuwait Pledge to Enhance Bilateral Ties

Islamabad: Pakistan and Kuwait have reaffirmed their commitment to strengthen their brotherly relations. Deputy Prime Minister and Foreign Minister Ishaq Dar engaged in talks today with the Foreign Minister of Kuwait, Sheikh Jarrah Jaber al-Ahmad al-S...