Business & Finance News

Lahore, Kohinoor Power Company Limited has released its un-audited financial results for the third quarter ending March 31, 2024. The figures were finalized during a board meeting held today in Lahore. The company reported no cash dividends, bonus s...

Karachi, Waves Corporation Limited has officially filed a certified copy of resolutions passed during its Annual General Meeting (AGM), held on April 29, 2024, at the company's registered office. The meeting, presided over at 12:30 p.m., addressed sev...

Karachi, The Al Ameen Islamic Aggressive Income Fund, which commenced operations in 2007, has recorded an offer price of 109.81 and a redemption price of 108.58 for the fiscal year ending June 2023. The fund distributed 4.52% in 2022 and 3.49% in 2023...

Karachi, Prosperity Weaving Mills Ltd. (PRWM) declared a substantial annual dividend of 50% and an additional 30% in bonus shares. The company's EPS soared to Rs. 8.29 for January-March 2024, a robust performance compared to the same period last year....

Karachi, The close-end mutual fund sector, while seeing the least activity with a turnover of 148,500, managed a gain in its index by 19.310 points to 1,941.130. This sector’s market share is currently at 0.028%, showing modest growth.

Karachi, The Exchange Traded Funds sector recorded a sharp decline in its index by 3,242,939.66 points, ending at 723,429.40. The turnover for the day was 366,500, indicating substantial trading despite the negative performance.

Karachi, Gadoon Textile Mills Ltd. (GADT) reported substantial financial gains with an EPS of Rs. 117.44 for the first quarter of 2024, significantly up from the previous year. Despite not declaring any distributions for the current period, the compan...