Zahidjee Textile Mills Limited Reports Moderate Performance in 2023

Karachi, Zahidjee Textile Mills Limited, listed as ZAHID, reported a moderate performance for 2023. The company’s rate was set at Rs. 25.00, with a substantial paid-up capital of Rs. 1,914.21 million. In June 2023, Zahidjee Textile Mills distributed a 10% dividend, consistent with the previous two years. Since its listing in 1991, the stock recorded a high of Rs. 32.75 and a low of Rs. 22.2, with a turnover of 540500. The EPS for January-November 2023 stood at Rs. 8.13, indicating a steady yet modest performance in the textile sector.