Merit Packaging Ltd. Faces a Decline in EPS

Karachi, Merit Packaging Ltd. (MERIT) has reported a downturn in its financial performance with a negative EPS of Rs. (0.68) for the period of January-February 2024. The daily weighted average rate was Rs. 10.41, with the company’s turnover reaching 10,293,500. The high and low rates were Rs. 13.95 and Rs. 11.5, respectively. Merit Packaging did not declare any dividend for the fiscal year ending in June 2023. The paid-up capital of the company is Rs. 1,999.58 million.