Suraj Cotton Mills Ltd. Shows Strong Performance in 2023

Karachi, (PPI Bot): Suraj Cotton Mills Ltd., trading as SURC, demonstrated strong financial results in 2023. The stock's closing and daily weighted average rates both were at Rs. 157.25, with a paid-up capital of Rs. 488.10 million. The company, ending its fiscal year in June, declared a 100% distribution with an additional 10% bonus in 2021, 40% in 2022, and 10% with a 10% bonus in 2023. The EPS for January-October 2023 stood at Rs. 163.7, showing a significant increase from Rs. 63.43 in the previous year.