Media Times Ltd Struggles with Negative Earnings in Market

Karachi, Media Times Ltd, with the symbol MDTL, reported its financial results to the Pakistan Stock Exchange, revealing a challenging quarter. The company's stock opened at Rs. 1.98 and saw a minor increase to a daily weighted average rate of Rs. 1.99. Holding a paid-up capital of Rs. 1,788.51 million, Media Times Ltd declared no cash or bonus distributions. Since its listing in 2009, the company has faced difficulties, as reflected in its negative earnings per share of Rs. (0.62).