Sapphire Textile Mills Reports Monumental 100% Dividend for Two Consecutive Years

Business & Finance

Karachi, Sapphire Textile Mills Ltd. (SAPT), a leading entity in Pakistan’s textile sector, has once again declared an impressive 100% dividend to its shareholders for the fiscal year 2022-2023, echoing its distribution from the previous year. With a paid-up capital of 216.90 million rupees, the company stands out for its robust performance, marked by a high earnings per share (EPS) of 151.74 rupees from January to February 2024. Established in 1974 and listed on the Pakistan Stock Exchange, Sapphire Textile Mills Ltd. emphasizes its commitment to shareholder value and industry excellence. The record of consistent 100% dividends underscores the company’s financial health and operational success.