Power Cement Ltd Reports Quarterly Earnings

Karachi, Power Cement Ltd (POWER), another key player in the cement industry, announced its earnings for the January-March 2024 period. The company’s shares saw a daily weighted average price of Rs. 5.44, peaking at Rs. 5.40 and dipping to a low of Rs. 5.05. No dividends were declared for the period under review. Power Cement, with a significant paid-up capital of Rs. 11,118.70 million, has been a part of the Pakistan Stock Exchange since 1988. The shares hold a par value of Rs. 10, available in market lots of 500 shares.