Crescent Steel & Allied Products Announces Dividend, Positive Earnings

Karachi, Crescent Steel & Allied Products (CSAP), a stalwart in the engineering industry since 1987, has disclosed a dividend distribution of 20%(I) and an EPS of Rs 2.28 for the fiscal year 2022/2023. The company’s announcement reflects a strong financial standing with a daily weighted average rate of Rs 71.75 and a paidup capital of Rs 776.32 million. Crescent Steel’s commitment to shareholder value is evident in its consistent performance and strategic dividend payouts.

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