Pioneer Cement Ltd Announces Strong Earnings, No Distribution for Shareholders

Karachi, Pioneer Cement Ltd (PIOC) has demonstrated a strong financial performance with an EPS of Rs. 8.69 for the fiscal year ending June 2023. The company, with a paid-up capital of Rs. 2,271.49 million, saw its daily weighted average rate increase to Rs. 117.08 from Rs. 116.50. Despite the strong earnings, Pioneer Cement, listed since 1992, did not announce any distribution. The company maintains a market lot of 1, with the previous book closure on 20/10.

Check Also

Pakistan Issues $3 Billion Dual-Tranche Eurobond

Islamabad: Pakistan has issued a three-billion-dollar dual tranche Eurobond. The positive development was shared by Finance Minister Muhammad Aurangzeb while speaking at the High-Level International Dialogue on Taxation for Fiscal Sustainability in Pa...