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Karachi, Ghandhara Tyre & Rubber Co. (GTYR) experienced a downturn in its financial performance, recording an EPS of (1.37) for January-February 2024. With a daily weighted average rate of 1,219.33 rupees, the company declared a 30% distribution, despite the negative earnings. Listed on the Pakistan Stock Exchange in 1982, Ghandhara Tyre & Rubber has a paid-up capital of 36.29 million rupees, indicating a challenging period for the company within the tyre and rubber market sector.
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