Hi-Tech Lubricants Ltd. Records Notable EPS Growth, Despite No Dividend Announcement

Business & Finance

Lahore, Hi-Tech Lubricants Ltd. (HTL), a key operator in the lubricants sector, reported a closing rate of Rs. 23.30 with a slightly higher daily weighted average rate of Rs. 23.43. The company, which made its debut in the stock market in 2016, has not announced any dividend for the recent fiscal years. However, HTL showcased a robust performance with an EPS of Rs. 22 for January-March 2024, on a paid-up capital of Rs. 1,392.05 million. This performance indicates HTL's potential for growth and stability in the competitive market.