Business & Finance News

Karachi, Baluchistan Glass Ltd. (BGL), a longtime player in Pakistan’s glass industry, has reported a decline in earnings per share (EPS), marking a challenging period for the company. The EPS for the January to April 2024 period registered at a loss ...

Karachi, Atlas Honda Ltd. announced strong financial results for 2024, reporting a current rate of Rs. 480.79 and substantial distributions. The company declared a 270% distribution for the current year, following previous distributions of 240% in 202...

Karachi, Pakistan Stock Exchange has been notified about a significant insider trading activity at First Elite Capital Modaraba. Muhammas Javed Amin, a Non-Executive Director, bought 500 shares at a rate of 4.32 per share on May 6, 2024. The shares we...

Karachi, Citi Pharma Limited has entered into a joint venture with Hangzhou Newsea Technology Co., Ltd., to enhance its production of Active Pharmaceutical Ingredients (APIs). The new entity, ETACI LIMITED, aims to manufacture 30 additional APIs, augm...

Karachi, Otsuka Pakistan Ltd has announced a 15% cash dividend for its shareholders. The stock price closed at Rs. 130.03 on the Pakistan Stock Exchange (PSE). Despite a previous year without any dividend distribution, Otsuka Pakistan, listed since 19...

Karachi, AKD Hospitality Limited has reported a NIL distribution for the year ending January-April 2024, with a daily weighted average rate of Rs. 120.03 on the Pakistan Stock Exchange. The company, listed since 1957, has a paid-up capital of Rs. 77,7...

Karachi, Dawood Lawrencepur Limited has scheduled its 74th Annual General Meeting (AGM) for May 29, 2024, to be held via video link. The meeting will focus on reviewing the audited financial statements for the year ended December 31, 2023, reappointin...