Business & Finance News

Islamabad, In a recent filing with the Pakistan Stock Exchange, D.M. Textile Mills Limited announced the resignation of its auditors. The notification adhered to the mandatory disclosure requirements stipulated under Section 96 of the Securities Act, ...

Karachi, Reliance Cotton Spinning Mills Ltd. (PSE: RCML), a key entity in the textile sector, announced a substantial annual dividend of 40% to its shareholders. The announcement follows a profitable year with an earnings per share (EPS) of Rs. 81.53 ...

Karachi, Habib Bank Limited has announced the issuance of a Perpetual Tier-I Term Finance Certificate (TFC), HBLTFC2, with an objective to expand its capital foundation. This financial instrument is designed to have a perpetual tenure, highlighting th...

Karachi, JS Bank Limited has announced the launch of two Term Finance Certificates (TFCs) as part of its efforts to strengthen its capital base. The perpetual Tier-I TFC, JSBLTFC2, and the 7-Year Tier-II TFC, JSBLTFC3, are both aimed at bolstering the...

Karachi, United Insurance Co. of Pakistan has announced a strong financial performance for the year ending 2022/2023, with an earnings per share (EPS) of 3.12 and a dividend of 35%, down from 45% in the previous year. The company's stock traded at a r...

Karachi, Arif Habib Limited has revealed an impressive earnings per share (EPS) of Rs. 2.83 for January-February 2024, highlighting a robust financial performance. The company, a well-established name in the investment banking sector, declared a 60% d...

Karachi, K-Electric Ltd. disclosed a downturn in its financial performance with an earnings per share of (1.12), according to the Pakistan Stock Exchange data. The company's stock price was quoted at Rs. 4.48, amidst a backdrop of extensive trading ac...