Cherat Packaging Ltd. Announces Dividend Amidst Trading Activity

Karachi, Cherat Packaging Ltd. (CPPL), known for its robust performance in the packaging sector, declared a dividend of 25% alongside a 10% bonus, catching investor attention. The daily weighted average rate was Rs. 135.13, with a yearend high of Rs. 129.8 and a low of Rs. 108.1. The company’s turnover reached 556,500 shares, showcasing its market stability. The paidup capital stands at Rs. 490.95 million, with an EPS of Rs. 18.50 for the fiscal year 2022/2023. The stock, listed in 1991, had its previous book closure on February 27, making it a pivotal time for shareholders.