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Atlas Battery Ltd. Announces Robust Distribution for 2023

Karachi: Atlas Battery Ltd. (ATBA) finished the trading session at PKR 242.17, marginally below the daily weighted average of PKR 242.26. The company, which has a paid-up capital of PKR 350.17 million, announced a substantial distribution of 325% for the year 2023. Atlas Battery closed its financial year in June.

Since its inception on the exchange in 1968, ATBA’s share price peaked at PKR 148 with a trading volume of 9,107,800 shares in the current year. The shares, with a par value of RS. 10, are available in market lots of 100. Shareholders were alerted to the previous book closure on September 15, 2023.

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