Business & Finance News

Karachi, In a positive development, International Industries Ltd. (INIL), a key player in the engineering sector, has declared a robust annual growth, as indicated by its latest financial disclosures on the Pakistan Stock Exchange. The company's earni...

Karachi, Hafiz Limited (HAFL), a long-standing entity on the Pakistan Stock Exchange since 1954, has declared a 20% distribution for its shareholders, with an additional 20% announced previously. The company's financial health in terms of earnings per...

Karachi, Shell (Pakistan) Ltd. (SHEL), a key player in the oil and gas market, reported a negative earnings per share (EPS) of (0.34) for the January-February 2024 period. Despite this, the company has declared dividends of 30% cash and 50% bonus for ...

Karachi, Exide Pakistan Ltd., a notable entity in the automotive battery industry, has reported an impressive EPS of 97.13 for January-February 2024. Despite not declaring a regular dividend, the company announced a 100% bonus to its shareholders, sig...

Karachi, Shahzad Textile has announced a change in its company secretary position effective March 28, 2024. Mr. Muhammad Faisal has stepped down from his role as the company's secretary. Following his departure, Mr. Muhammad Amjad Tayyab has been appo...

Karachi, United Bank Limited has finalized the details of its Tier-I Term Finance Certificates (TFCs), identified as UBLTFC5, with a perpetual tenor. These TFCs have been introduced with a profit rate formula of 3M KIBOR + 1.55%, a market lot of 1, an...

Karachi, Al-Ghazi Tractors Ltd. (AGTL), a leading automobile assembler in Pakistan, reported today that it will not be distributing dividends for the current fiscal year. The company's earnings per share (EPS) for January to February 2024 stood at Rs....