Yousaf Weaving Mills Reports Decline in Earnings

Faisalabad, Yousaf Weaving Mills Ltd. reported a decrease in its earnings per share (EPS) for the JanuaryMarch 2024 period. The company, which has been a part of the textile weaving industry since its listing in 1989, posted an EPS of (0.74), indicating a downturn in its financial performance. Despite the setback, Yousaf Weaving Mills, with a substantial paidup capital of 1,360.00 million rupees, witnessed significant market activity with a turnover of 96,510,500. The company’s shares experienced a wide trading range, reflecting the volatile market conditions impacting the sector.