Lalpir Power Ltd. Reports Decline in EPS Despite High Distributions

Karachi, (PPI Bot): Lalpir Power Ltd., symbolized as LPL, reported a decline in its earnings per share (EPS) despite announcing high distributions on the Pakistan Stock Exchange for November 20, 2023. The stock closed at 20.18 with a daily weighted average rate of 20.21. The company's paid-up capital is Rs. 3,798.39 million, with year-end distributions of 20% for 2021, 35% for 2022, and 150% (Interim) for 2023. The stock reached a high rate of 32.97 with a turnover of 216,507,537 shares. However, the EPS for 2021/2022 was reported as -2.12.