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Biafo Industries Ltd. Showcases Strong Performance with High Dividend Yield

Karachi, Biafo Industries Ltd. (BIFO), listed on the Pakistan Stock Exchange, announced a robust dividend yield for its shareholders for the fiscal year ending June 2022. The company declared dividends of 43% and a bonus of 10%, followed by an even higher distribution of 53% for 2023. Biafo Industries, with a paidup capital of Rs. 463.83 million, recorded an earnings per share of Rs. 13.10 for the quarter ending March 2024. The shares traded at a high of Rs. 129.75, with a significant turnover of 2,903,100 shares. The last book closure was in October 2023, emphasizing the company’s commitment to rewarding its investors. Biafo Industries has been a noteworthy participant in the stock market since 1994.

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Shareholder Reports Significant Loss of Share Certificates at Mahmood Textile Mills

Karachi: Mahmood Textile Mills Limited has announced the loss of a substantial number of shares by one of its shareholders, Mr. Muhammad Muzaffar Iqbal. The shareholder reported the loss of share certificates covering a total of 208,259 shares, a sign...

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