Philip Morris Pakistan Maintains Steady Payouts Amidst Modest Q1 2024 Performance

Karachi, Philip Morris (Pakistan) Ltd. (PMPK), a staple in the tobacco sector since 1971, disclosed its financial results for the first quarter of 2024. The company reported an earnings per share (EPS) of Rs. 30.33, maintaining a consistent performance with a 10% distribution in bonus shares for the year ending December 2024. Trading between a high of Rs. 848.81 and a low of Rs. 615.80, with a turnover of 35,250 shares, Philip Morris demonstrates stability in its operations, ensuring regular dividends despite fluctuating market conditions.