Pakistan Hotels Developers Reports Mixed Financial Outcomes

Karachi, (PPI Bot): The trading session for Pakistan Hotels Developers (PHDL) concluded with the stock at Rs. 480.00, mirroring its daily weighted average rate. The company, which ended the year in June, showed a negative EPS of Rs. (2.62) for January-October 2023, despite a high turnover of 2,731,000 shares. The previous distributions stood at 40% and 20% for 2021 and 2022, respectively. Founded in 1981, PHDL has a paid-up capital of Rs. 180.00 million, highlighting its long-standing presence in the market.