Ghandhara Tyre & Rubber Co. Faces Negative Earnings Despite Dividend

Karachi, According to information available from the Pakistan Stock Exchange (PSX), Ghandhara Tyre & Rubber Co. declared a 30% dividend while reporting negative earnings. The stock traded at a daily weighted average rate of 46.95 rupees with a high of 43.68 rupees. The trading volume reached 45,494,000 shares. Ghandhara Tyre, listed in 1982 with a paid-up capital of 10 million rupees, reported an earnings per share of -1.37 rupees for January to April 2024.