Towellers Limited Reports Substantial Earnings and High Dividend

Karachi, Towellers Limited, with the ticker TOWL on the Pakistan Stock Exchange, announced a high dividend of 120% for its shareholders for the fiscal year ending June 2022/2023. The company's shares reached a daily weighted average price of Rs. 180.08, with a turnover of 302,600 units in January 2024. Towellers Limited, which has been on the list since 1995 and has a paid-up capital of Rs. 170.00 million, reported an EPS of Rs. 140.49. The share price fluctuated between a high of Rs. 194.6 and a low of Rs. 170.