Ahmad Hassan Textile Mills Announces Solid Dividends Amidst Modest Trading

Stock Exchange Announcements

Karachi, Ahmad Hassan Textile Mills Limited (AHTM) announced a dividend of 22.50%, complemented by a 7.5% distribution from the previous year. The company reported an earnings per share of Rs 10.97 for the first quarter of 2024. Despite a low trading volume of just 500 shares, the share price reached a peak of Rs 62.1. Ahmad Hassan Textile, with a paid-up capital of Rs 84.72 million, continues to operate with a market lot of Rs 10, since its listing in 1992.