Pakgen Power Ltd. Declares Significant Dividend Increase; Stock Reaches Rs. 50.00

Karachi, Pakgen Power Ltd., trading under PKGP, today reported a rate of Rs. 50.00. The company, with a substantial paid-up capital of Rs. 3,720.82 million, declared a 35% dividend for 2022 and a substantial increase to 150%(I) for 2023. PKGP’s stock recorded a high of Rs. 54.66 and a low of Rs. 8.43*. Specific details about turnover and EPS for 2023 were not provided.

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