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Silkbank Ltd Faces Financial Challenges in 2023

Karachi, Silkbank Ltd, listed as NC, faced financial challenges with a daily weighted average rate of Rs. 1.15, and today’s rate at Rs. 1.16. The bank’s significant paid-up capital is Rs. 90,818.61 million. Since its listing in 1995, the bank did not declare any distributions for the year. The EPS for January-November 2023 was Rs. 0.12*, with a high rate of Rs. 1.27 and a turnover of 536,596,500.