Telecard Limited Reports Minimal Earnings, Declares Small Dividend

Stock Exchange Announcements

Karachi, Telecard Limited (TELE), consistent in the telecommunications sector since 1995, reported today’s trading rate at Rs. 9.21 and a daily weighted average of Rs. 3,386.25. The company announced a 7.5% bonus dividend, despite showing a minimal earnings per share of Rs. 0.40. The market activity was high, with a turnover of 482,490,349 shares, indicating a cautious yet engaged investor base.