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20000314

6 textile cos

fail to give dividend

KARACHI: Six textile and cotton mills declared nil dividend and nil right shares to their shareholders due to heavy losses incurred by these mills during the previous financial year.

According to Karachi Stock Exchange sources, Al-Hamd Textile Mills, Shadman Cotton Mills, Aisha Cotton Mills, Service Industries Textiles, Service Fabrics and Asghar Textile Mills failed to pay any dividend or right shares to their shareholders for the last financial year.ÑAPP

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