Systems Limited Posts Strong Earnings and Dividend Payouts

Karachi, Systems Limited NC (SYS) closed the day at PKR 427.54, slightly higher than its daily weighted average rate of PKR 425.77. The company boasts a robust paid-up capital of PKR 2,912.79 million. According to information available from the Pakistan Stock Exchange (PSX), for the fiscal year ending in December, Systems Limited declared a 50% distribution for 2022 and 60% for 2024. Since its listing in 2015, the company has demonstrated substantial growth. The EPS for January-April 2024 stood at PKR 22.44, with a high rate of PKR 449.9 and a low rate of PKR 361 during the period, reflecting strong market performance with a turnover of approximately 29.3 million shares.

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Karachi: Fauji Fertilizer Company Limited has made a public announcement regarding its offer to acquire 151,052,013 ordinary shares of Agritech Limited, in line with the Securities Act, 2015, and the Listed Companies (Substantial Acquisition of Voting...

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