Frontier Ceramics Ltd. Reports No Dividends; Steady Share Price

Karachi: Frontier Ceramics Ltd. (FRCL), trading on the Pakistan Stock Exchange, closed its shares at Rs. 17.75. With a paid-up capital running into millions, FRCL’s financial year ended in June, showing no dividends for the past three years. The market lot size stands at 500, and the shares recorded a previous book closure on 22/10. The company has been listed since 1992 and reported a yearly high of Rs. 23.65 and a low of Rs. 13.88, with a total turnover of 143,000 shares. The earnings per share for January to October 2023 were reported at Rs. 2.66.