Shadman Cotton Mills Reports Financial Performance with No Dividends Declared

Karachi, Shadman Cotton Mills Ltd. announced its financial results for January 2024, revealing an earnings per share (EPS) of 5.31 for the year 2022/2023. Despite a daily weighted average rate of 176.37, the company has declared no dividends for the period. The turnover for Shadman Cotton Mills stood at 7,500 units, with a share price fluctuating between 15.44 and 14.53 during the session. The company, listed since 1990, has a paidup capital of 500 million Rs. but did not announce any dividend for its shareholders as of the latest financial year ending in June.