Highnoon Laboratories Announces Diverse Year-End Distributions

Karachi: Highnoon Laboratories Ltd (HINOON) announced a rate of Rs. 425.09 today with a daily weighted average rate of Rs. 422.80. The company’s paid-up capital is Rs. 529.83 million. For the year 2021, distributions were 200% and 10%B, and for 2022 and 2023, distributions were both 200% and 10%B and 15%B, respectively. The shares of the company, listed since 1995, reached a high of Rs. 575 and a low of Rs. 322.1 from January to October 2023 with a turnover of 5,731,400. The company’s EPS for 2021/2022 is Rs. 47.48.

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