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Yousaf Weaving Mills Reports a Drop in Earnings, No Dividend Announced

Lahore, Yousaf Weaving Mills Ltd (YOUW), a textile company listed since 1989, reported an EPS of Rs. 3.07 for the January-March 2024 period, marking a decrease from its daily weighted average rate of Rs. 3.45 to Rs. 3.50. With a substantial paid-up capital of Rs. 1,360.00 million, the company did not announce any dividend for 2022 or 2023, reflecting a challenging financial period. The financial announcement was made with a last book closure on October 20, indicating a period of reflection for the company’s strategic direction.

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Shareholder Reports Significant Loss of Share Certificates at Mahmood Textile Mills

Karachi: Mahmood Textile Mills Limited has announced the loss of a substantial number of shares by one of its shareholders, Mr. Muhammad Muzaffar Iqbal. The shareholder reported the loss of share certificates covering a total of 208,259 shares, a sign...

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