Gadoon Textile Mills Exhibits Exceptional Earnings Without Dividends

Business & Finance

Karachi, Gadoon Textile Mills Ltd (GADT) has posted outstanding financial results with an EPS of Rs. 117.44 for the initial months of 2024. Despite the high earnings, the company did not announce any dividend distributions. The firm, with a paid-up capital of Rs. 280.30 million, has been listed on the PSE since 1994 and maintains a lower market lot of 100 shares compared to the standard 500.