Business & Finance News

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...

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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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Lahore: The Thal Industries Corporation Limited has announced plans to convene an Extraordinary General Meeting (EGM) of its shareholders to discuss expansion initiatives.

The meeting, scheduled for September 20, 2024, in Multan, aims to garner shar...

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Karachi: The Board of Directors of Habib Metropolitan Bank Limited has announced a second interim cash dividend of Rs.2.50 per share, amounting to a 25% dividend, for the fiscal year ending on December 31, 2024. This decision was reached during their ...

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Karachi: Saif Power Limited has announced a first interim cash dividend of Rs. 1.25 per share for the second quarter of the financial year, marking a significant update for shareholders amidst the company's mixed financial results. This declaration wa...

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Karachi: The Board of Directors of Progressive Insurance Company Ltd held their annual meeting on August 28, 2024, to discuss the financial outcomes for the year ended December 30, 2023. The financial results, as declared, reflect a continued downtren...

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