Dewan Farooque Spinning Reports Significant Loss

Karachi, Dewan Farooque Spinning Mills (DFSM) reported a notable loss with an EPS of -2.93 for the fiscal year ending June 2023. The company experienced substantial trading activity with a turnover of 14,201,000, though share prices ranged only from 3.9 to 2.77. With a paid-up capital of Rs. 977.51 million, Dewan Farooque Spinning, listed since 2005, faces financial hurdles without any dividend distributions.