Matco Foods Limited Announces Dividend Amid Positive Earnings Growth

Karachi, Matco Foods Limited (MFL), part of the Food & Personal Care Products sector on the Pakistan Stock Exchange, declared a 15% dividend for its shareholders for the fiscal year 2023/2024. The company, which was listed in 2018, has shown a positive earnings per share (EPS) of 4.54 for January to February 2024, with today’s rate recorded at Rs. 28.66 and a substantial daily weighted average rate of Rs. 1,224.01. This announcement comes as a reflection of Matco Foods Limited’s solid performance and commitment to rewarding its investors.