Hi-Tech Lubricants Ltd. Declares 38% Dividend Despite Negative Earnings

Karachi, Hi-Tech Lubricants Ltd. (HTL) announced a 38% dividend for 2022, despite reporting a negative EPS of Rs. (0.67) for the year. The company’s stock was valued at Rs. 27.31, maintaining investor interest. With a paid-up capital of Rs. 3,892.400 million, Hi-Tech Lubricants has been listed since 2016 and continues to operate amidst financial challenges, as reflected in its earnings report.