PPL Maintains Consistent Distributions Across Board

Islamabad, Pakistan Petroleum Limited (PPL) has maintained its distribution rates consistently at 25% for the fiscal year ending in June 2024, paralleling its preference share distributions. Listed in 2004, PPL reached a peak trading rate of Rs. 137.9 and recorded a significant turnover of 702,537,228. The company, with a substantial presence in the energy sector, posted a daily weighted average rate of Rs. 106.98 and an EPS of Rs. 35.99 for the quarter concluding in March 2024, showcasing steady performance amidst fluctuating market dynamics.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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