Business & Finance News

Karachi, Altern Energy Ltd. (ALTN), a notable company in the power generation and distribution sector, declared a 47% dividend for 2024, down from 185% the previous year, alongside a 62.5% interim dividend. Trading activity on the Pakistan Stock Excha...

Karachi, The UBL Asset Allocation Fund has reported a 7.34% return for the fiscal year, despite not announcing a distribution for the current period. Established in 2013, with an offer price of Rs 178.75 and a redemption price of Rs 172.89, the fund d...

Karachi, The NBP Islamic Stock Fund announced a notable 21.10% distribution rate for the fiscal year ending June 2022, with an offer price of 16.49 and a redemption price of 15.95. Launched in 2014, the fund aims to provide Shariah-compliant growth op...

Karachi, Merit Packaging Ltd (MERIT), part of the paper and board sector, faced challenges with an EPS of Rs. (0.68) for the year ending June 2023. Despite the downturn, MERIT's shares saw significant trading activity, trading at Rs. 10.35, closely al...

Karachi, The Pakistan Income Fund, operational since 2002, has announced a distribution of Rs 3.54 per unit for the year ending in June. With an offer price of Rs 60.16 and a redemption price of Rs 58.83, the fund continues to focus on income generati...

Karachi, Yousaf Weaving Mills Ltd (YOUW), listed since 1989, faced a challenging period with a negative earnings per share (EPS) of (0.74) for January to February 2024. The company, which did not distribute dividends in recent years, traded at Rs. 3.3...

Karachi, Archroma Pakistan Ltd (ARPL), a leader in the chemical industry, unveiled impressive earnings with an earnings per share (EPS) of Rs. 36.47 for the year ending September 2023. The company declared a 450% dividend for 2023, underscoring its ex...