Al Shaheer Corporation Ltd. Sees Moderate Performance in Recent Trading on PSE

Karachi, Al Shaheer Corporation Ltd. (ASC), listed on the Pakistan Stock Exchange under the Food & Personal Care Products sector, recorded a trading price of Rs. 9.07, with a daily weighted average rate of Rs. 9.13. The company, which has a paid-up capital of Rs. 3,749.24 million, did not announce any distributions for the year ending 2023. Despite this, ASC showed a revenue distribution of 25% on the par value Rs. 10 market lot for the previous book closure. The company, first listed in 2015, reported an earnings per share (EPS) of Rs. 8.51 for the period from January to March 2024.