Business
Gul Ahmed Textile Profits Drops by 41.6%, Reached Rs. 2.18 Billion in 6 Months
In the first half of the company’s fiscal year 2023, Gul Ahmed Textile Mills Limited’s (PSX: GATM) bottom line decreased by 41.60% year over year to Rs 2.17 billion (EPS: Rs 3.53) from Rs 4.72 billion in the same time the previous year. Profitability has fallen due to higher finance costs, which increased 92% year…
