Allawasaya Textile Mills Ltd. NC Announces Generous Dividend

Karachi, Allawasaya Textile Mills Ltd. NC, a longstanding member of the Pakistan Stock Exchange since 1968, today declared a dividend of 72.5% for the current financial year, with a bonus of 25% retained earnings. The company's paid-up capital stands at Rs. 10 million. Despite a challenging turnover of just 40, Allawasaya Textile reported a significantly negative earnings per share of Rs. -205.96 for January to April 2024.