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Oilboy Energy Ltd. Faces Market Challenges with No Dividend and Negative EPS

Karachi: Oilboy Energy Ltd. (OBOY) reported a closing rate of PKR 6.17, with a daily weighted average rate of PKR 6.23. The company, with a paid-up capital of PKR 250.00 million, did not declare any dividend for 2023, following a 150%R dividend in 2022. Since its listing in 1996, OBOY’s share price saw a high of PKR 7.4 and a low of PKR 5.25. The turnover was 47,079,000 shares, with a negative EPS of PKR (0.24) for 2021/2022.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...