Al-Ghazi Tractors Announces No Dividend for Current Fiscal Year

Karachi, Al-Ghazi Tractors Ltd. (AGTL), a leading automobile assembler in Pakistan, reported today that it will not be distributing dividends for the current fiscal year. The company’s earnings per share (EPS) for January to February 2024 stood at Rs. 37.2, reflecting its financial performance over the period. Despite the lack of dividend, Al-Ghazi Tractors continues to play a significant role in Pakistan’s agricultural sector since its listing on the Pakistan Stock Exchange in 1985. The company’s shares traded at a daily weighted average rate of Rs. 289.82, with today’s rate peaking at Rs. 345.89.