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Dewan Farooque Motors Limited Faces Challenges as Indicated by Negative EPS

Islamabad, March 2024: Dewan Farooque Motors Limited, operating under the ticker DFML, has encountered market hurdles, evident from its negative EPS of Rs. (1.73) for the year 2023. With no dividends declared for 2022, 2023, and 2024, the company's financial stance appears strained amidst the competitive automobile assembly sector. Despite these challenges, the closing rate was noted at Rs. 14.86 against a daily average of Rs. 1,387.35, reflecting a significant trading volume. Established in 2000, DFML continues to navigate market dynamics with a focus on recovery and sustainability.

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Pakistan State Oil Leads Market with Resilience and Growth, Posts 9MFY24 Profit of PKR 13.4 Billion

Karachi, Pakistan State Oil (PSO), the leading energy company in Pakistan, maintained its industry dominance and posted a net profit of PKR 13.4 billion in the nine months of FY24. The company's Board of Management (BoM) reviewed the performance for th...

The post Pakistan State Oil Leads Market with Resilience and Growth, Posts 9MFY24 Profit of PKR 13.4 Billion appeared first on Pakistan Business News.