Ghandhara Tyre & Rubber Co. Shows Modest Growth in Tyre Manufacturing

Karachi, Ghandhara Tyre & Rubber Co. (GTYR), a key entity in the tyre manufacturing sector, showed modest growth in 2023. GTYR's today's rate stood at PKR 33.15, below its daily weighted average rate of PKR 33.96. The company, with a paid-up capital of PKR 1,219.33 million, reported a positive EPS of PKR 4.70 for the period of January to November 2023. Since its listing in 1982, GTYR declared a 30% distribution in 2021 but none for the current year. The stock's high rate was PKR 19.01 this year.