Ghandhara Tyre and Rubber Co. Faces Challenges Despite Dividend Announcements

Karachi, Ghandhara Tyre and Rubber Co. (symbol code: GTYR) traded at 45.07, slightly below its average of 45.29. The company’s paid-up capital is 1,219.33 million rupees. According to information available from the Pakistan Stock Exchange (PSX), Ghandhara Tyre declared a 30% cash dividend but faced market challenges, trading 45,494,000 shares and reporting a negative earnings per share of -1.37.