AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Altern Energy Ltd. (ALTN) disclosed a varied distribution history alongside a fluctuating market performance, according to data provided to the Pakistan Stock Exchange (PSE) for the year ending June 2023. With a closing rate of 15.51 RS. and fluctuations between a high of 20.74 RS. and a low of 12.4 RS., the company reported an EPS of (0.23) for the January-September 2023 period. The distributions showcased a notable inconsistency, with 185% in 2021, NIL in 2022, and 47% in 2023, posing unanswered questions regarding its financial maneuvering through the fiscal years.
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