United Brands Ltd Reports Marginal Earnings Amidst Economic Challenges

Karachi, United Brands Ltd (UBDL), in its recent financial statement to the Pakistan Stock Exchange, has reported marginal earnings for the period ending November 2023. The company’s EPS was recorded at a low of Rs. 0.04, reflecting the challenging economic environment. UBDL’s trading activity ranged between a high of Rs. 17.22 and a low of Rs. 18.05, with the closing average rate marginally higher at Rs. 18.34. The company, listed since 1970, has a paid-up capital of Rs. 918 million and reported no distributions for the period. The turnover for UBDL was 500 market lots, with the previous book closure date noted as October 21, 2021.