Karachi: Merit Packaging Ltd. closed at a rate of 10.09 with a paid-up capital of Rs. 1,999.58 million. The company declared a 148% retained earnings but did not distribute any dividends for the year. The stock's high rate was Rs. 10.5 with a turnover of 5,231,000 shares. The EPS stood at (7.01), signifying a challenging financial period since its 1985 listing.