Punjab Oil Mills Announces Financial Performance

Islamabad, Punjab Oil Mills Limited (POML), a significant player in the oil industry, reported its latest financial results today. The company's share price saw a trading range between Rs. 129.89 and Rs. 77.62, with a daily weighted average rate of Rs. 111.34. POML announced a distribution of 20% bonus shares for the current year, following a 15% bonus in the previous year. The earnings per share (EPS) for January to March 2024 stood at Rs. 5.54. The turnover during this period was noted at 60,300. POML, listed on the Pakistan Stock Exchange since 1984, has a paid-up capital of Rs. 10 million.