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Karachi, Agriauto Industries Ltd. (AGIL), a prominent player in the automobile parts and accessories sector since 1984, announced a 25% bonus share issuance for its shareholders for the fiscal year ending in June 2022/2023, despite reporting a negative earnings per share (EPS) of Rs. -1.23. The company, with a paid-up capital of Rs. 180.00 million, saw its stock trading between Rs. 109 and Rs. 93, with a turnover of 249,500 shares. The decision to issue bonus shares indicates the company’s strategy to reward shareholders amidst a challenging financial performance.
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