Karachi, Merit Packaging Ltd. (MERIT) experienced a challenging fiscal year, posting a negative EPS of -0.68 for the period ending in June. Despite this, the company's shares traded actively, with a high of 13.95 and a low of 11.5, resulting in a turnover of 10,293,500 units. Founded in 1985, Merit Packaging, holding a paid-up capital of Rs. 1,999.58 million, faces the task of navigating through market headwinds in the paper and packaging sector.