Ittefaq Iron Industries Reports Modest Share Price and No Dividends

Karachi, Ittefaq Iron Industries (ITTEFAQ) recorded a slight increase in its share price to PKR 6.39 from a weighted average of PKR 6.48, with a turnover reflecting its scale of operations. The company, holding a paid-up capital of PKR 1,443.43 million, reported no dividends and an earnings per share of PKR 5.99 for the current year. Since its 2017 listing, Ittefaq Iron has maintained a stable yet modest financial performance, choosing not to distribute profits during this period.