Dolmen City REIT Shows Commendable Performance on the Pakistan Stock Exchange

Strategic Insights -

Dolmen City REIT, a prominent entity listed on the Pakistan Stock Exchange, has demonstrated a strong performance in its recent filings. With a paid-up capital of Rs. 22.24 billion, the company has shown a consistent growth trend in its distribution, increasing from 15% in 2022 to 18.10% in 2023 and projected to rise to 20% in 2024. The company's trading rates have been stable, with a daily weighted average rate of Rs. 17.44, and a trading rate of Rs. 17.40 as of October 8, 2024.

Key Takeaways:

  • Dolmen City REIT has a paid-up capital of Rs. 22.24 billion, as per information available from the Pakistan Stock Exchange (PSX).
  • The company's distribution has increased from 15% in 2022 to 18.10% in 2023, with a projected rise to 20% in 2024.
  • The par value of the company's shares stands at Rs. 10, with a market lot of 1.
  • The company's earnings per share for the fiscal year 2022/2023 were recorded, reflecting its financial health and operational success.
  • Dolmen City REIT operates under the Main Board (Normal Counter) category on the Pakistan Stock Exchange.
  • The company's trading rates have been stable, with a daily weighted average rate of Rs. 17.44 and a trading rate of Rs. 17.40 as of October 8, 2024.
  • The company's previous book closure was noted on September 26, 2023.

Statistics:

  • Paid-up capital: Rs. 22.24 billion
  • Distribution (2022): 15%
  • Distribution (2023): 18.10%
  • Projected distribution (2024): 20%
  • Par value of shares: Rs. 10
  • Market lot: 1
  • Trading rate (as of October 8, 2024): Rs. 17.40
  • Daily weighted average rate (as of October 8, 2024): Rs. 17.44

Sources:

  • Pakistan Stock Exchange (PSX)
  • Dolmen City REIT filings on the Pakistan Stock Exchange
  • Karachi Stock Exchange reports