Metropolitan Steel Corporation Reports No Dividend for Fiscal Year

Karachi, Metropolitan Steel Corporation Ltd. (MSCL), established in 1960 and listed on the Pakistan Stock Exchange, has reported no dividends for the fiscal year ending in June. The company’s shares had a narrow trading range between 21.9 RS. and 15 RS., with a significantly high daily weighted average rate of 309.77 RS., and a low turnover of 23,500 shares. Despite the lack of dividend announcements, Metropolitan Steel Corp. holds a paidup capital of 309.77 million RS., indicating its longstanding presence in the steel production industry.

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