Air Link Communication Announces Dividend Increase Amid Growth

Business & Finance

Karachi, Air Link Communication (AIRLINK), a leading entity in the technology and communication sector, announced a 25% dividend for 2024, up from 10% in the previous year, reflecting its strong growth trajectory. The company saw a high trading volume, with stock prices reaching Rs. 65.8 and dropping to Rs. 51.9, resulting in a turnover of 319,301,570 shares. The daily weighted average rate was Rs. 62.62, closely matching the day's rate of Rs. 62.45. With a paid-up capital of Rs. 3,952.69 million, Air Link Communication reported an earnings per share (EPS) of Rs. 2.33 for Jan-Feb 2024, signaling robust financial health and market confidence.