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Sitara Energy Ltd Faces Financial Challenges in 2023

Karachi, Sitara Energy Ltd, operating under NC, faced financial challenges with a daily weighted average rate of Rs. 11.60, slightly higher than today’s rate of Rs. 11.49. The company’s paid-up capital is Rs. 190.92 million. Since its listing in 1995, it did not declare any distributions for the year. The EPS for January-November 2023 was Rs. (7.83), with a turnover of 1,425,500.