AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, Shezan International Ltd. (SHEZ) noted a substantial increase in its stock turnover, reaching 1,629,900 shares with a closing rate of 101.31 PKR and a high of 121.99 PKR. The company's daily weighted average rate stood at 96.63 PKR, reflecting a consistent trading activity. For the fiscal year ending in June, Shezan declared a 50% dividend and a 20% bonus, marking a continued distribution strategy despite a slight drop in earnings per share to 4.01 PKR for January to March 2024 from 2022's figures. The Lahore-based company, established in 1989, continues to maintain a market lot of 1, with its previous book closure dated October 18th.
Check Also
KSB Pumps Company Limited Announces Significant Rights Issue
Karachi, KSB Pumps Company Limited has announced a rights issue at a rate of 134.0909%, as per the latest disclosures to the Pakistan Stock Exchange. This substantial rights issue will allow shareholders to increase their investment in the company pro...