Business & Finance News

Karachi: Meezan Asset Allocation Fund (MAAF) has shown a significant growth in its asset value during the fiscal year ending on June 30, 2024, achieving a notable return of 60.44% despite slight underperformance against its benchmarks. The fund's net ...

Lahore: Shadman Cotton Mills Limited, located on Warburton Road near Chandi Kot Stop, has been granted an extension for holding its Annual General Meeting (AGM) and for the submission of its annual and quarterly financial statements, as confirmed by o...

Karachi: Nazir Cotton Mills Limited has concluded its fiscal year 2023-2024 with a transition to a new management team, which is set to implement innovative strategies aimed at enhancing the company's operational efficiency and future growth prospects...

Karachi: In a significant transaction recorded on October 10, 2024, Ibrahim Holdings (Pvt.) Ltd., a substantial shareholder, further cemented its control over the company by acquiring additional shares. According to information available from the Paki...

Lahore: MCB Investment Management Limited, the manager of Alhamra Daily Dividend Fund (ALHDDF), has announced a daily dividend distribution. The declaration was made by the Chief Executive Officer on behalf of the Board of Directors. Unit holders regi...

Lahore: Synthetic Products Enterprises Limited (SPEL) has announced a significant increase in net profits for the quarter ending September 30, 2024. According to the financial results disclosed to the Pakistan Stock Exchange (PSX), the company recorde...

Karachi: Artistic Denim Mills Limited has announced the unconditional withdrawal of a stay order by the Honorable High Court of Sindh, which previously halted the company's planned increase in authorized share capital. The stay, initiated on November ...