Business & Finance News

Karachi: National Foods Limited has reported a substantial share acquisition by its major shareholder, ATC Holdings (Private) Limited, on August 27, 2024. The transaction involved the purchase of 1,000,000 shares at a rate of 200 Rupees per share, con...

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Islamabad: United Bank Limited (UBL) has reported a significant growth in its financial performance for the first half of the year ended June 30, 2024.

According to information available from the Pakistan Stock Exchange (PSX), UBL's unconsolidated P...

The post United Bank Limited Announces Robust First-Half Results and Interim Dividend appeared first on .

Karachi: The Hub Power Company Limited (HUBCO) has revealed its financial results for the fiscal year ended June 30, 2024, showcasing a robust performance in both its unconsolidated and consolidated financial statements.

According to information ava...

The post Hub Power Company Reports Significant Growth in FY 2024, Outlining Future Renewable Energy Projects appeared first on .

Karachi: Merit Packaging Limited has announced its financial results for the fiscal year ended June 30, 2024. The company's Board of Directors reviewed and approved these results on August 27, 2024, in Karachi.

In the fiscal year 2024, Merit Packagi...

The post Merit Packaging Limited Reports Fiscal 2024 Results; Loss Widens Despite Revenue Growth appeared first on .

Karachi: In a significant corporate move, Reliance Cotton Spinning Mills Limited (RCSML) has announced its plan to merge with Amer Cotton Mills (Pvt.) Limited (ACML). The decision was disclosed following a board meeting on August 28, 2024, in accordan...

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Karachi: Shaheen Insurance Company Limited has announced its financial results for the half-year ending June 30, 2024, with notable growth in profits but no dividends or bonus shares issued.

The Board of Directors of Shaheen Insurance convened throu...

The post Shaheen Insurance Reports Steady Growth, Declines Dividend and Bonus Issues appeared first on .

Karachi: Askari Life Assurance Company Limited has released its unaudited financial statements for the first half of 2024, showcasing a reduced loss and improved gross premium revenues, according to a review by the company's directors.

The company r...

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