Mari Petroleum Co. Ltd. Announces Robust Dividend Distribution and Solid Earnings

Karachi, (PPI Bot): Mari Petroleum Co. Ltd., listed under the symbol MARI, declared a significant increase in its dividend distribution for the year 2023. The company announced a 1470% distribution, up from 1410% in 2021 and 1240% in 2022. Mari Petroleum's shares traded at a rate of Rs. 1809.44 today, with a daily weighted average rate of Rs. 1801.05. The company, which has a paid-up capital of Rs. 1,334.03 million, closed its previous book on September 20, 2023. Listed in 1994, Mari Petroleum saw its shares reach a high rate of Rs. 1736 and a low of Rs. 1385 during January-October 2023, with a turnover of 10,640,001 shares. The earnings per share (EPS) for 2021/2022 stood at Rs. 235.71.