Business & Finance News

Karam Ceramics Limited Reports Significant Loss in Fiscal Year 2024 Despite Revenue Growth

Karachi: Karam Ceramics Limited has disclosed its financial results for the fiscal year ending June 30, 2024, revealing a sharp decline in profitability despite increased revenues. According to information available from the Pakistan Stock Exchange (P...

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Askari Life’s Financial Setback: Recorded Losses and Rising Expenses

Karachi: Askari Life has reported a series of financial setbacks in its recent unaudited and audited statements, revealing significant losses and escalating expenses over the past three years. The company, which operates in the insurance sector, has w...

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Trust Modaraba Reports Significant Financial Recovery and Strategic Resilience in FY 2023-24

Karachi: Trust Modaraba has reported a strong financial turnaround in the fiscal year 2023-24, with a profit after tax of Rs. 21.23 million, reversing the marginal loss from the previous year. This significant improvement is attributed to strategic de...

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Suraj Cotton Mills Limited Announces Upcoming Board Meeting to Approve Annual Accounts

Lahore: A 136th meeting of the Board of Directors of Suraj Cotton Mills Limited is scheduled to take place on September 30, 2024, at Lahore and via video link (Zoom). The primary agenda for this meeting is to consider and approve the annual audited ac...

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Trust Modaraba Announces Annual Review Meeting and Final Dividend Details

Karachi: The Trust Modaraba has scheduled its Annual Review Meeting for certificate holders on October 15, 2024, in Karachi. The meeting follows the approval of a final cash dividend for the fiscal year ending June 30, 2024, at a rate of Rs. 0.5 per c...

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