Business & Finance News

Karachi, Pakistan National Shipping Corporation, trading as PNSC, has announced a 50% dividend for 2022, escalating to 200% for 2023, and projecting an additional 100% interim dividend for the same year. Today’s trading rate stands at Rs. 313.03, slig...

Lahore, The Thal Industries Corporation Limited released its unaudited financial results for the six months ending March 31, 2024. According to information available from the Pakistan Stock Exchange (PSX), the company reported a decrease in sugar reco...

Karachi, Sazgar Engineering Works Ltd., trading under the symbol SAZEW, has revealed plans to increase its dividends, announcing a 40% distribution for 2023 and projecting an 80% interim dividend for the same year. This announcement comes as Sazgar En...

Karachi, First Credit & Investment Bank Ltd, trading under the symbol FCIBL, posted modest profits with earnings per share of Rs. 0.20 for the year 2022/2023. The company reported a daily weighted average rate of Rs. 6.87 and a tod...

Karachi, Ibrahim Fibres Ltd. NC (IBFL) traded at Rs. 374.93 today, close to its daily average of Rs. 373.90. The company, boasting a substantial paid-up capital of Rs. 3,105.07 million, did not declare any dividends for the year. According to informat...

Karachi, Javedan Corporation Ltd. (JVDC) traded today at Rs. 36.38, closely following its average rate of Rs. 36.63. With a substantial capital of Rs. 3,808.60 million, the company declared a 40% dividend for this year, increasing to 60% next year. Ac...

Karachi, The Meezan Asset Allocation Fund, listed in 2017, achieved a remarkable annual distribution of 19.00% in June 2022. The fund has an offer price of Rs. 65.16 and a redemption price of Rs. 63.02. According to information available from the Paki...