National Refinery Announces 150% Dividend Despite Negative EPS

Karachi, National Refinery Ltd. (NRL) has declared a 150% dividend for its shareholders for the year ending in June 2023, even as it reported a negative EPS of Rs. (55.81) for January 2024. The company’s paidup capital is Rs. 241.53 million, with a daily weighted average rate of Rs. 799.67. NRL’s stock reached a high of Rs. 347 and a low of Rs. 270, with a turnover of 18,438,325. The market lot for the stock is 1, with a previous book closure on October 17. National Refinery has been listed on the Pakistan Stock Exchange since 1964.