Dewan Farooque Motors Limited Faces Financial Struggles with Negative EPS

Karachi, Dewan Farooque Motors Limited (DFML), which has been a part of Pakistan's automotive market since 2000, recorded a low share price of Rs. 28.80 and an even lower EPS of -Rs. 1.73 for the first quarter of 2024. The company's turnover was significantly high at 127,364,308 shares, despite no dividends being issued for the current or the upcoming fiscal year. This performance points to ongoing challenges within the company.