Nadeem Textile Mills Limited Reports Financial Loss for Half Year Ended December 31, 2023

Karachi, Nadeem Textile Mills Limited disclosed its financial results for the half year ended December 31, 2023, revealing a challenging period for the company. The textile manufacturer reported a before tax loss of PKR 221.141 million and an after tax loss of PKR 245.555 million, translating to a loss per share of PKR 11.55. This announcement does not come with any entitlements or dividends for shareholders, indicating the company’s current focus on navigating through its financial difficulties.