Saif Power Ltd. Announces High Dividend and Stable Earnings

Karachi, Saif Power Ltd. (SPWL) today reported a steady share price of 20.62 rupees on the Pakistan Stock Exchange, with a close matching daily average of 20.61 rupees. The company, boasting a capitalization of 3,864.72 million rupees, declared an 85% dividend with an additional 42.90% from previous distributions. Listed in 2014, SPWL posted an EPS of 17.83 rupees for the first quarter of 2024.