Premium Textile Mills Ltd Announces Exceptional Dividend and Bonus

Karachi, Premium Textile Mills Ltd. (PRET), demonstrating remarkable financial health, has declared an unprecedented 1000% dividend and a 250% bonus for its shareholders. The company's stock soared to a high of Rs. 399 and maintained a floor at Rs. 370, closing at Rs. 370.00. With an earnings per share of Rs. 169.18 for the year ending June 2024, Premium Textile, listed since 1989, saw a modest turnover of 3,200 shares, reflecting strong investor confidence.