THE EFFECT OF INTEREST RATE, EXCHANGE RATE, AND INFLATION ON THE EARNINGS PER SHARE OF PAKISTAN’S TEXTILE SECTOR (2019–2023)

Authors

  • Zohaib M. Phil Commerce Department of Commerce, University of Baluchistan, Quetta.
  • Dr. Muhammad Shafiq Associate professor, Affiliation, Commerce Department, University of Balochistan, Quetta .

Abstract

This research investigates the relationship between macroeconomic indicators—namely exchange rate, inflation, and interest rate—and the earnings per share (EPS) of Pakistan’s textile sector from 2019 to 2023. Using data from 20 listed textile firms and national macroeconomic sources, we apply descriptive, correlation, and pooled OLS analyses with robust standard errors. The findings suggest weak and statistically insignificant relationships between EPS and the three macroeconomic factors, highlighting that firm-level dynamics and sectoral efficiency dominate short-run variations. The study provides insights for investors, policymakers, and managers on maintaining profitability amid macroeconomic fluctuations.

Keywords: Earnings per Share, Inflation, Interest Rate, Exchange Rate, Textile Industry, Pakistan

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Published

2025-10-21

How to Cite

Zohaib, & Dr. Muhammad Shafiq. (2025). THE EFFECT OF INTEREST RATE, EXCHANGE RATE, AND INFLATION ON THE EARNINGS PER SHARE OF PAKISTAN’S TEXTILE SECTOR (2019–2023). Journal of Management Science Research Review, 4(4), 294–304. Retrieved from https://www.jmsrr.com/index.php/Journal/article/view/188

Issue

Vol. 4 No. 4 (2025): Journal of Management Science Research Review

Section

Articles