Flying Cement Co. Ltd. Posts Modest Earnings, Announces Record Dividend

Islamabad, Flying Cement Co. Ltd. (PSE: FLYNG) reported modest first-quarter earnings of Rs. 0.39 per share, accompanied by an announcement of a 75.9878% stock dividend, marking a record distribution for the company. The firm witnessed a high trading volume, with 28,003,000 shares changing hands.

The share price was recorded at Rs. 8.05, reaching up to Rs. 8 during the trading session. With a paid-up capital of Rs. 6,948.00 million, the company has been listed since 2007 and plans its next book closure for October 21.