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Pace (Pakistan) Limited Faces Financial Challenges

Karachi, Pace (Pakistan) Limited (PACE) reported an earnings per share (EPS) of Rs. 2.94 for January 2024, aiming for recovery from a previous loss of Rs. (6.02). The company's share rate was Rs. 2.33, with a daily weighted average of Rs. 2.30. Despite not declaring a dividend, Pace (Pakistan) Limited, with a paid-up capital of Rs. 2,788.77 million, remains focused on overcoming its financial difficulties and enhancing its market position in the property sector since its 2007 listing.