Redco Textiles Ltd Announces Financial Performance for 2023

Karachi, Redco Textiles Ltd., listed on the Pakistan Stock Exchange under the symbol REDCO, has reported its financial outcomes for the year ending June 2023. The company, with a paidup capital of Rs. 492.93 million, recorded an Earnings Per Share (EPS) of Rs. 1.58 for January 2024, based on the performance of the fiscal year 2022/2023. Despite an active trading day, with a turnover of 31,000 shares, the stock fluctuated between a high of Rs. 6.3 and a low of Rs. 5.1. Redco Textiles has opted not to distribute dividends for the reported period. The company was listed on the PSX in 1993 and has been a consistent participant in the textile composite sector.