Kohinoor Industries Records Modest Earnings Amid Market Challenges

Karachi, Kohinoor Industries Ltd. (KOIL), with a listing date going back to 1957, has posted modest financial results for the year ending January-February 2024. The company, holding a paidup capital of 303.03 million, reported an earnings per share of Rs. 1.44 for the 2022/2023 financial year. Despite the economic challenges faced by the textile sector, Kohinoor Industries did not announce any dividend for its shareholders. This financial outcome reflects the company's cautious approach in navigating the uncertain market conditions.