Kohinoor Power Company Reports Negative EPS; Declares No Dividends

Karachi, Kohinoor Power Company (KOHP) has opted not to distribute dividends for the fiscal years 2022 and 2023, reflecting its challenging financial performance. The company's EPS for January to March 2024 was a negative Rs. 0.13, a contrast to its trading performance which saw a high rate of Rs. 9.62 and a low rate of Rs. 6.11. With a paid-up capital of Rs. 126.00 million and a substantial turnover of 12,900,000 shares, the company continues its operations despite the setbacks. KOHP was listed on the Pakistan Stock Exchange in 1993.