Agri Tech Limited Reports Negative Earnings Amid Financial Struggles

Karachi, Agri Tech Limited, a listed entity on the Pakistan Stock Exchange (PSE), reported a significant downturn in its financial performance for the period from January to April 2024. The company's earnings per share (EPS) for the fiscal year ending in December 2022 stood at a negative Rs. 7.53, indicating substantial losses.

The stock of Agri Tech Limited saw a trading price of Rs. 24.63 today, with no dividends declared for the current or upcoming years, reflecting ongoing financial difficulties. The company, which was listed on the PSE in 2010, has a paid-up capital of Rs. 398,356,047 million but has struggled to maintain positive earnings amidst challenging market conditions.