Bolan Castings Limited Registers a Drop in Earnings Per Share

Karachi, Bolan Castings Ltd. (Ticker: BCL), a veteran in the engineering sector listed since 1985, today reported a negative earnings per share of Rs. 2.16 for the January to March 2024 period. The company's share price closed significantly higher at Rs. 150.72, despite the negative earnings, and saw a trading volume of 4,494,000 shares. Bolan Castings, with a relatively small paid-up capital of Rs. 114.72 million, did not announce any dividend distributions for the current fiscal year.