Escorts Investment Bank Reports Decline in EPS for First Quarter 2024

Karachi, Escorts Investment Bank Limited (ESBL), listed on the Pakistan Stock Exchange, reported a negative earnings per share (EPS) of Rs. 0.36 for the first quarter of 2024. The company, which had an ending paid-up capital of Rs. 1,356.00 million as of June last year, saw its shares trade at a daily weighted average rate of Rs. 3.83. Despite a turnover of 1,760,000, there were no distributions for shareholders in the form of dividends or bonuses. The market lot for the stock remains at 500 shares, with the previous book closure on October 20, 1996. ESBL has been publicly traded since that year.