Reliance Cotton Spinning Reports Strong Performance in 2022/2023

Karachi, Reliance Cotton Spinning, a player in the textile spinning sector, has reported a robust financial performance in the Pakistan Stock Exchange market report dated March 20, 2024. With a daily weighted average rate of 102.92, the company declared distributions of 75% for 2022 and 40% for 2023. Founded in 1993, with a paid-up capital of Rs. in millions, Reliance Cotton Spinning recorded an EPS of 81.53 for the fiscal year 2022/2023. The company's previous book closure was on October 20.