TPL Properties Ltd. Records Negative Earnings, Announces Bonus and Cash Distribution

Karachi, TPL Properties Ltd. (TPLP) reported negative earnings with an EPS of Rs. (1.72) for the year ending June 2023. However, the company declared a 60% bonus distribution and an additional 20% cash distribution. TPL Properties, with a paid-up capital of Rs. 5,698.07 million, had a daily weighted average rate of Rs. 13.82, slightly higher than its previous rate of Rs. 13.75. Listed in 2016, the company maintains a market lot of 1 and a par value of Rs. 10. The previous book closure was on 16/10.

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