Cherat Packaging Posts Strong Earnings and Dividend Growth

Karachi, Cherat Packaging Ltd. (CPPL) reported robust earnings with an EPS of 18.50 for the fiscal year ending in June, complemented by a dividend announcement of 25% plus a 10% bonus. The company saw its shares fluctuate between 140.74 and 108.1, leading to a turnover of 2,786,100 units. Since its inception in 1991, Cherat Packaging, with a paid-up capital of Rs. 490.95 million, has shown consistent growth in the packaging industry.