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Altern Energy Ltd. Struggles Despite Substantial Distribution

Karachi, Altern Energy Ltd. (ALTN) closed at Rs. 20.33, with a daily average rate of Rs. 20.67. The company’s paid-up capital is Rs. 3,633.80 million. It declared no distributions for 2021, but a significant 185% for 2022 and 47% for 2023. The highest rate in 2023 was Rs. 27.88, and the lowest was Rs. 12.4, with a turnover of 49,673,000 shares. However, the company reported a negative EPS of Rs. (0.23).

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...