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Karachi, Pakistan Hotels Developers Ltd. (PHDL) ended the year without declaring dividends, despite previously offering a 40% dividend and a 20% distribution. The company, with a paid-up capital of Rs. 180.00 million, experienced a high share rate of Rs. 551.9 and a low of Rs. 70. The daily weighted average rate was Rs. 470.17. Since its 1981 listing, Pakistan Hotels Developers saw a turnover of 3,018,500 shares but reported negative earnings per share of Rs. (2.62).
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