Millat Tractors Ltd. Announces Substantial Dividends and Strong Earnings

Karachi, Millat Tractors Ltd. reported a closing share price of Rs. 608.67, with a nearly matching daily weighted average of Rs. 608.47. According to information available from the Pakistan Stock Exchange (PSX), the company boasts a significant paid-up capital of Rs. 1,917.98 million. Millat Tractors declared an impressive dividend of 650% along with a 60% bonus, and a further 250% final distribution (I). The earnings per share (EPS) for January to April 2024 were recorded at Rs. 17.61. The trading volume reached 10,279,832 shares. Since its listing in 1965, the stock price has fluctuated between a high of Rs. 670 and a low of Rs. 515.

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Karachi: Ghandhara Tyre and Rubber Company Limited, formerly known as The General Tyre and Rubber Company of Pakistan Limited, has reported a significant loss of share certificates belonging to the deceased shareholder, Tahira Sultana. The lost shares...

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