Oilboy Energy Ltd. Faces Decline, Reports Negative Earnings

Karachi, Oilboy Energy Ltd. (OBOY), with a stock symbol of OBOY, reported a loss in its EPS at Rs. -0.75 for the January to March 2024 period. The company's shares traded between Rs. 7.49 and Rs. 5.64, with a turnover of 9,294,000 shares. Oilboy Energy, which has been on the Pakistan Stock Exchange since 1996, announced a 150% rights share issuance but no bonus shares. The company's paid-up capital is recorded at Rs. 250.00 million as of June, and the next book closure date is scheduled for October 20.