Breaking News

Bank of Punjab Announces Earnings and Distribution for Fiscal Year 2022/2023

Lahore, The Bank of Punjab (BOP) has announced a daily weighted average rate of Rs. 6.32 for January to February 2024, according to the Pakistan Stock Exchange (PSE). The bank, with a paidup capital of Rs. 32,715.69 million, declared a 10% bonus distribution for the fiscal year ending December 2022. The stock reached a high of Rs. 7.31 and a low of Rs. 5.7, with a significant turnover of 660,077,386 shares. The earnings per share (EPS) for 2022/2023 stood at Rs. 3.64. With a book closure date on March 22, BOP, listed since 1991, showcases its financial results and investor returns through its performance on the stock exchange.

Check Also

Pakistan and Kuwait Pledge to Enhance Bilateral Ties

Islamabad: Pakistan and Kuwait have reaffirmed their commitment to strengthen their brotherly relations. Deputy Prime Minister and Foreign Minister Ishaq Dar engaged in talks today with the Foreign Minister of Kuwait, Sheikh Jarrah Jaber al-Ahmad al-S...