National Refinery Ltd. Reports Loss; Skips Dividend Payouts for 2024

Karachi, National Refinery Ltd. (NRL) has closed its trading day at 301.99 rupees per share amidst financial difficulties, indicated by a substantial loss in its EPS at -55.81 rupees for the January-March 2024 period. The company's shares experienced volatility, trading between 347 rupees and a low of 55.81 rupees. With a paid-up capital of 799.67 million rupees, National Refinery opted to skip dividend distributions this year after declaring a 150% dividend the previous year. The market turnover for NRL stood at approximately 64.86 million shares.