National Refinery Reports Substantial Loss per Share for 20222023

Karachi, National Refinery Ltd. (NRL) disclosed a substantial loss per share of Rs. (55.81) for the year ending June 20222023. A stalwart in the refining industry since 1964, NRL experienced a daily weighted average rate of Rs. 254.72, with its stock reaching a high of Rs. 347 and a low of Rs. 206 during JanuaryFebruary 2024. The company’s turnover was recorded at 33,960,799, closing at a significant rate. With a paidup capital of Rs. 799.67 million, National Refinery’s financial results indicate a challenging period, despite a 150% dividend announcement.

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