Attock Petroleum Ltd. Announces Substantial Dividend Amid Stellar Earnings

Karachi, Attock Petroleum Ltd. (APL), a leading firm in the oil and gas marketing sector, declared a significant 275% dividend for 2024, following a notable 450% dividend with a 25% bonus in the previous year. The company’s stock experienced vigorous trading, peaking at Rs. 440 and bottoming at Rs. 351, resulting in a turnover of 3,094,250 shares. The daily weighted average rate was Rs. 382.25, slightly above the day’s rate of Rs. 381.88. With a paidup capital of Rs. 1,244.16 million, Attock Petroleum reported an impressive earnings per share (EPS) of Rs. 100.15 for JanFeb 2024, reflecting its outstanding financial performance and robust growth prospects.