Burshane LPG Faces Challenges Amid Market Fluctuations

Karachi, Burshane LPG (Pakistan) Ltd., another key company in the Oil Gas Marketing sector, presented a contrasting financial situation in the Pakistan Stock Exchange. The company's rate today stands at Rs. 17.10, with a daily weighted average of Rs. 16.27. The paid-up capital is reported at Rs. 224.89 million. Notably, Burshane LPG declared NIL distributions for the years 2022 and 2023, indicating a challenging financial period. The company, which was listed in 1982, showed a high rate of Rs. 19.71 and a low rate of Rs. (2.94), suggesting significant market volatility.