Business & Finance News

Karachi, Avanceon Limited has successfully credited the final cash dividend for the year ended December 31, 2023. Shareholders who provided electronic mandates with complete 24-digit IBAN numbers received a dividend of Rs. 2 per share, totaling 20% of...

Karachi, Mughal Iron and Steel Industries continued its growth trajectory, reporting an earnings per share of 10.37 rupees for the period January-April 2024, up from 10.23 rupees the previous year. The company also declared a steady increase in divide...

Karachi, Ahmad Hassan Textile Mills Limited has declared a significant increase in distributions, rising to 22.50% from 7.5% in the previous fiscal year. The company's shares experienced notable volatility, peaking at Rs. 62.1 and dipping to Rs. 10.97...

Karachi, Habib Bank Limited has released details regarding its perpetual debt securities, which have an outstanding principal amount of Rs. 6,500,000,000. The profit rate for these securities is set at 3M KIBOR + 2.00%, with the next coupon payment du...

Karachi, JDW Sugar Mills Ltd., listed on the Pakistan Stock Exchange under the symbol NC, has shown a robust performance in its earnings per share (EPS) for January to April 2024. The company reported an EPS of Rs. 37.17, significantly up from the pre...

Karachi, LSE Ventures Limited has announced its request for expressions of interest from the big four auditing firms to determine the swap ratio for its merger with Digital Custodian Company Limited. According to an advertisement released by the compa...

Karachi, J.K. Spinning Mills Ltd. has reported a 20% dividend for the year ending 2023. The company’s daily weighted average rate stood at Rs. 52.41, with the highest rate recorded at Rs. 52.41 and the lowest at Rs. 52.41. The total turnover for the y...