Cherat Packaging Ltd. Reports 30%5%B Distribution for 2023

Karachi: Cherat Packaging Ltd. (CPPL) disclosed a today’s rate of Rs. 105.00 with a daily weighted average rate of Rs. 101.25 on the Pakistan Stock Exchange. The company’s paid-up capital is Rs. 490.95 million and concludes its fiscal year in June. The distributions over the years 2021, 2022, and 2023 were 50%, 25%10%B, and 30%5%B respectively. Cherat Packaging had its previous book closure on 17/10 and was listed in 1991. Between January and October 2023, the high rate reached Rs. 115.9, while the low rate was Rs. 80, resulting in a 2021-2022 turnover of 20.12.