Dewan Cement Ltd. Faces Financial Difficulties

Karachi, Dewan Cement Ltd. (DCL) faced financial difficulties in the fiscal year ending June 2023. The company, with a paid-up capital of Rs. 4,841.13 million, did not declare any distribution for the year. DCL, listed since 1989, saw its share price fluctuate between a high of Rs. 8.41 and a low of Rs. 3.5, with a turnover of 472,591,500 shares. The EPS for the year was Rs. -1.21.

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