Business & Finance News

Lahore: Shahtaj Sugar Mills Limited disclosed a significant drop in sugar production and financial performance for the nine-month period ending June 30, 2024. The company's financial statements revealed challenges due to decreased sugarcane yields and...

Karachi: A significant increase in the price of M/s First Elite Capital Modaraba (FECM) certificates has been observed, coinciding with the acquisition of approximately 221,220 certificates by a notable certificate holder, Mr. Nauman Rathore, between ...

Islamabad: The quarter ending 30 June 2024 has posed significant challenges for Suhail Jute Mills Ltd., primarily due to its inability to secure necessary financing to restart operations and meet creditor obligations. The company, a result of the merg...

Lahore: Baba Farid Sugar Mills Limited announced its financial performance for the nine months ending on June 30, 2024, with a significant increase in sugar production despite facing severe economic headwinds. According to information available from t...

Islamabad: Alfalah Asset Management Limited has declared a daily dividend payout from its Alfalah Islamic Rozana Amdani Fund (AIRAF) for the unit holders registered as of July 26, 2024. The dividend, set at Re. 0.0529 per unit, will be distributed t...

Karachi: Abdullah Shah Ghazi Sugar Mills Limited reported a challenging nine-month period ending June 30, 2024, with significant operational disruptions leading to financial losses. The company's interim financial results reflect a continuation of eco...

Karachi: MCB Investment Management Limited, the managing company for the ALHAMRA DAILY DIVIDEND FUND (ALHDDF), has declared a daily dividend payout. According to information available from the Pakistan Stock Exchange (PSX), the announcement was made b...