Hinopak Motors Ltd Opts for No Dividend Distribution This Fiscal Year

Karachi, Hinopak Motors Ltd, a stalwart in Pakistan’s automobile assembly landscape since 1988, has announced it will not be distributing dividends for the current fiscal year. The company, which saw a daily weighted average share price of Rs. 234.98, with shares trading as high as Rs. 235.07 and as low as Rs. 218, and a turnover of 185,900 shares, remains committed to sustaining its market position and navigating through the financial year without dividend payouts.