Packages Limited Announces Strong Earnings and High Dividend

Karachi, Packages Limited (PKGS), a mainstay in the Pakistan Stock Exchange since 1965, traded at Rs 506.31 today. The company, holding a paid-up capital of Rs 893.79 million, showed a daily weighted average rate of Rs 505.94 and an EPS of Rs 43.27* for January 2024. PKGS declared a 275% dividend for 2023, with its share price peaking at Rs 550.