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Hi-Tech Lubricants Ltd. Reports Modest Earnings, No Dividend for 2023

Karachi, Hi-Tech Lubricants Ltd. (HTL), part of the Pakistan Stock Exchange since 2016, announced an EPS of Rs. 2.84 for the fiscal year ending June 2023. The company declared a 38% dividend for 2022 but did not announce any dividends for 2023. Hi-Tech Lubricants’ daily weighted average rate was Rs. 29.54, decreasing slightly to Rs. 29.19. The company’s paid-up capital is Rs. 1,392.05 million, indicating its stable presence in the oil and gas marketing sector.