Dewan Farooque Spinning Mills Limited (DFSM)

Dewan Farooque Spinning Mills Limited has clarified that it is not aware of any undisclosed material information or developments that would explain the recent unusual movement in its share price or trading volume. The company stated that market price fluctuations are driven by buyer and seller decisions beyond its control.

Dewan Farooque Spinning Mills Limited reported a net loss of Rs. 167.90 million for the nine months ended March 31, 2026, compared to a loss of Rs. 208.85 million in the same period last year. The company continues to face significant financial challenges, including negative reserves and ongoing restructuring negotiations with lenders, while maintaining operations on a conversion basis due to working capital constraints.

Dewan Farooque Spinning Mills Limited reported a net loss of PKR 167.90 million for the nine months ended March 31, 2026, compared to a loss of PKR 208.85 million in the same period last year. The company continues to face operational challenges, reporting a loss per share of PKR 1.72 for the nine-month period.