Business & Finance News

Engro Corporation Reports Varied Performance Across Divisions Amid Market Challenges

Karachi: Engro Corporation Limited has unveiled its latest financial highlights, indicating a mix of robust profitability in certain segments while facing challenges in others. The company’s diversified operations, ranging from fertilizers to petroche...

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Corporate Briefing Session Scheduled for The Hub Power Company Limited

Karachi: The Corporate Briefing Session for The Hub Power Company Limited is set for August 29, 2024, at 11:00 AM. According to information available from the Pakistan Stock Exchange (PSX), the session will be conducted virtually via Microsoft Teams t...

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MCB Funds Announces Daily Dividend Payout for Alhamra Islamic Money Market Fund

Karachi: MCB Investment Management Limited has declared a daily dividend distribution for the Alhamra Islamic Money Market Fund (ALHIMMF). The Chief Executive Officer, on behalf of the Board of Directors, approved a dividend of Rs. 0.0469 per unit. Th...

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EFU General Insurance Announces Strong Half-Year Financial Results and Dividend Payout

Karachi: EFU General Insurance Limited has reported a significant uptick in its financial performance for the first half of 2024, ending June 30. According to information available from the Pakistan Stock Exchange (PSX), the company's Board of Directo...

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APPOINTMENT OF NEW CHIEF FINANCIAL OFFICER AT NISHAT CHUNIAN POWER LTD.

Karachi: Nishat Chunian Power Ltd. announced the appointment of Mr. Tanvir Khalid as its new Chief Financial Officer effective August 23, 2024. This change is pivotal for the company as it navigates through its ongoing financial strategies.

Nishat C...

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Disclosure of Share Transactions by Substantial Shareholder of Aruj Industries Limited

Karachi: Details have emerged concerning share transactions by a substantial shareholder of Aruj Industries Limited. Mr. Maqsood Ahmad Butt has been identified as the individual executing these sales, which took place across multiple dates in May 2024...

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