Archroma Pakistan Ltd. Announces Substantial Dividend Payout

Business & Finance

Karachi, Archroma Pakistan Ltd., known by its ticker ARPL, reported a closing rate of Rs. 379.89, slightly below its daily average of Rs. 380.23. According to information available from the Pakistan Stock Exchange (PSX), the company, with a capitalization of Rs. 345.63 million, declared a 450% dividend for 2022. Archroma's shares reached a high of Rs. 502 and a low of Rs. 369.02 from January to April 2024, with a trading volume of 327,684 shares. Founded in 1997, the firm recorded an impressive EPS of Rs. 36.47.