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Abbott Laboratories Pakistan Announces Impressive Annual Dividend Amidst Strong Financial Performance

Karachi, Abbott Laboratories Pakistan Limited (ABOT) has declared a robust annual dividend of 150%, as revealed in the recent financial announcements on the Pakistan Stock Exchange. The company’s earnings per share (EPS) stood at Rs. 30.69 for the January to February period in 2024, marking a significant financial performance. Abbott Lab, listed since 1982, continues to demonstrate its financial strength with a turnover of 802,100 and a daily weighted average rate of Rs. 452.09. The company’s paid-up capital is reported at Rs. 979.00 million. This announcement underlines Abbott Laboratories Pakistan’s solid financial health and its commitment to rewarding its shareholders.

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UBG Leaders Oppose K-Electric’s Recent Rate Hike, Citing Severe Economic Disruptions

Karachi, Leaders of the United Business Group (UBG), including Chief Patron S.M. Tanveer and President Zubair Tufail, have called for an immediate reversal of a significant electricity rate increase approved by the National Electric Power Regulatory Au...

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