Crescent Fibres Ltd. Demonstrates Strong Performance in Textile Sector

Karachi: Crescent Fibres Ltd. (CFL) demonstrated strong performance in the textile sector. The company closed at PKR 70.10, with a daily weighted average rate of PKR 70.10. It reported a paid-up capital of PKR 124.18 million as of June and declared a 15% distribution in 2021. The shares have a par value of PKR 10 and a market lot of 500. Since its listing in 1979, the company reached a high of PKR 69.07 and a low of PKR 41.35 in January to October 2023. A total of 234,000 shares were traded, with an EPS of PKR 36.58.