Gharibwal Cement Ltd. Announces Dividend Amid Robust Earnings

Islamabad, Gharibwal Cement Ltd., another key entity in the cement sector, declared a 10% dividend for its shareholders, reflecting strong financial health. The company’s stock traded at a high of Rs. 29.75 and a low of Rs. 22.85, with a daily weighted average of Rs. 22.85. The trading volume stood at 7,899,500 shares. Gharibwal Cement revealed an impressive EPS of Rs. 3.08 for the year ending in 2024. Despite distributing dividends, the company made no adjustments to its paid-up capital, which remains at Rs. 4,002.74 million, maintaining a par value of Rs. 10 per share.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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