Matco Foods Limited Holds Dividends, Faces Slight Share Depreciation

Karachi, Matco Foods Limited (MFL) has decided against disbursing dividends as of June this year, correlating with a minor dip in its share rate from Rs. 37.84 to Rs. 37.37. The company, which has been listed since 2018, experienced a high rate of Rs. 37.94 against a low of Rs. 25.53, indicating moderate volatility in share value. The turnover reached 27,502,500, and the EPS faced a downturn to -0.50.