Gharibwal Cement Ltd. Maintains Steady Financial Position

Karachi, Gharibwal Cement Ltd. (GWLC) maintained a steady financial position in the fiscal year ending June 2023. The company’s daily weighted average rate was Rs. 27.23, with a paid-up capital of Rs. 4,002.74 million. GWLC declared a 10% cash distribution but no bonus. Since its listing in 1962, the company’s share price varied between a high of Rs. 30.8 and a low of Rs. 13.52, with a turnover of 50,106,000 shares. The EPS for the year was Rs. 3.08.