Fecto Cement Ltd Faces Continued Financial Struggles

Karachi, Fecto Cement Ltd reported a negative EPS of -2.66 for the first quarter of 2024. The company’s shares were traded at a daily weighted average rate of 32.34, with a high of 32.00 and a low of 29.01. The turnover recorded was 4,976,500, indicating some market activity despite financial setbacks. Since its listing in 1993, Fecto Cement has not announced any distributions, reflecting ongoing fiscal challenges in its operations.