Karachi, Dewan Farooque Spinning Mills (DFSM), part of the textile spinning industry, disclosed a negative earnings per share (EPS) of Rs (2.93) for the period ending February 2024. The company, which did not announce any distributions for the years 2022 and 2023, faced significant challenges, reflected in its financial performance. With a trading rate of Rs 2.98 and a daily weighted average rate of Rs 2.92, Dewan Farooque Spinning witnessed a high turnover of 14,201,000 shares. Listed on the Pakistan Stock Exchange in 2005, DFSM has a paidup capital of Rs 977.51 million and is working towards overcoming its financial hurdles and stabilizing its operations in the competitive textile industry.