OLP Modaraba Reports Steady Performance on Pakistan Stock Exchange

Karachi, OLP Modaraba NC (OLPM) closed the trading day at PKR 12.40 per share with a daily weighted average rate of PKR 12.44. Listed in 1987, the company has a paid-up capital of PKR 453.83 million and reported distributions of 29% for 2021, 20% for both 2022 and 2023. OLP Modaraba's shares reached a high of PKR 13.9 and a low of PKR 11 in the period from January to November 2023. The turnover was recorded at 2,146,000 shares, and the company posted an earnings per share (EPS) of PKR 3.36 for the year 2021/2022.