Karachi, The NBP Islamic Daily Dividend Fund, a key player in the Islamic finance sector since 2019, has set its redemption price at Rs 10, maintaining a steady position for investors seeking daily income. The fund’s offer price is listed at Rs 10.11,...
Read More »Hinopak Motors Struggles with Marginal Gains in a Competitive Environment
Karachi, Hinopak Motors Ltd (HINO) has posted an EPS of Rs 0.65 for the fiscal year ending in March 2024, reflecting marginal profitability amid intense competition in the heavy vehicle segment. With no dividends distributed for the recent fiscal year...
Read More »NIT – Islamic Income Fund Maintains Stability
Karachi, The NIT - Islamic Income Fund listed an offer and redemption price of 10.18 for June 2022, with no distributions reported. Introduced in 2019, the fund aims to adhere to Islamic financial principles while targeting income generation, with t...
Read More »Kohinoor Textile Mills Ltd. Posts Solid Earnings; Withholds 2023 Dividend
Karachi, Kohinoor Textile Mills Ltd. (KTML), a major entity in the textile composite sector since 1971, reported a respectable earnings per share (EPS) of 8.05. The company announced a 10% dividend for 2022 but did not disclose any dividend for 2023. ...
Read More »First Treet Mfg Modaraba Faces Earnings Challenge
Karachi, First Treet Manufacturing Modaraba (FTMM), trading at Rs. 5.27, reported a slight decrease in earnings, with a negative EPS of 0.15 for JanuaryFebruary 2024. Despite a significant trading volume of 11,936,500 shares and a paidup capital of Rs...
Read More »Oil and Gas Development Co. Ltd. Maintains Strong Dividend Amid Solid Earnings
Karachi, Oil and Gas Development Co. Ltd. (OGDC), a cornerstone of the oil and gas exploration sector, reported solid earnings with an EPS of Rs. 52.23 for the year ending June 2023. The company announced an 85.50% dividend for 2023, up from 72.5% i...
Read More »HBL Total Treasury ETF Marks Slight Increase in NAV
Karachi, In a recent financial announcement on the Pakistan Stock Exchange (PSE), the HBL Total Treasury ETF (HBLTETF) recorded a net asset value (NAV) of 115.90 on March 27, 2024, showing a marginal increase from its previous NAV of 115.91. The fund,...
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