OLP Modaraba Announces 29% Distribution with Significant Bonuses for 2023

Karachi, OLP Modaraba (OLPM) made public its financial statistics for the year concluding in June 2023. The company reported a closing rate of Rs. 11.51 and a paid-up capital of Rs. 453.83 million. OLP declared a distribution of 29% and bonuses of 20% for 2023. During the January-September period, the modaraba reached a high rate of Rs. 11 and observed a turnover of Rs. 1315500. Listed since 1987, OLPM holds a par value of Rs. 10 and a market lot of 500, with the last book closure on 19/10.