Pak-Gulf Leasing Company Reports Increase in Distribution for 2024

Karachi, Pak-Gulf Leasing Company (PGLC) has announced an increase in its financial distributions for 2024, offering a 35% interim plus a 95% bonus, a significant rise from the 10% distributed in the previous year. The company, with a paid-up capital of Rs. 494.71 million and listed on the Pakistan Stock Exchange in 1996, showed a robust Earnings Per Share (EPS) of Rs. 6.27 for the January to March 2024 quarter. Today’s trading rate was marked at Rs. 8.00, closely aligning with the daily weighted average rate of Rs. 7.90. The company’s market lot size is 500, and its previous book closure was on October 20.