Ideal Spinning Mills Ltd. Reports Decline in Earnings

Karachi, Ideal Spinning Mills Ltd. (IDSM) experienced a significant drop in earnings per share (EPS) for the JanuaryFebruary 2024 period, reporting a loss of Rs. 55.85 compared to the previous year. Despite this, the company declared a 20% distribution for its shareholders. The stock price fluctuated between Rs. 16 and Rs. 15, with a turnover of 49,500 shares.