Kohinoor Spinning Mills Ltd Continues to Face Financial Challenges

Karachi, Kohinoor Spinning Mills Ltd (KOSM) ended the day at 4.32 rupees per share, with a daily average of 4.35 rupees and a total paid-up capital of 2,060.53 million rupees. Established in 1984, the company did not announce any dividends for the fiscal years 2022 through 2024. The earnings per share for the first quarter of 2024 were just 2.99 rupees. The market lot is 500 shares, with the book closure scheduled for November 21, 2023.