Yousaf Weaving Mills Ltd Struggles as Shares Dip Amid Negative Earnings

Karachi, Yousaf Weaving Mills Ltd (YOUW), listed since 1989, faced a challenging period with a negative earnings per share (EPS) of (0.74) for January to February 2024. The company, which did not distribute dividends in recent years, traded at Rs. 3.37, with the daily weighted average slightly higher at Rs. 3.39. With a substantial paidup capital of Rs. 1,360.00 million, YOUW’s shares fluctuated between Rs. 4.68 and Rs. 3.07, on an exceptionally high volume of 77,366,500 shares, signaling a significant market response to its financial disclosures.