Tariq Glass Industries Ltd. Announces Strong Earnings and High Dividend

Karachi, Tariq Glass Industries Ltd. (TGL), trading under the symbol TGL, has announced strong earnings with an EPS of Rs. 14.63 for the first quarter of 2024, an increase from Rs. 110 in 2023. The company's stock price today was Rs. 123.33, with a daily weighted average rate of Rs. 1,721.67 and a turnover of 19,923,366. Tariq Glass, listed in 1984 and with a paid-up capital of Rs. in millions, has declared a 20% cash dividend and a 25% bonus, along with a substantial 60% bonus for the year, reflecting its strong market position and commitment to shareholder value.