Business & Finance News

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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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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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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Karachi: ABL Funds has declared an interim cash dividend for the shareholders of its Secure Savings Plan II for the fiscal year ending September 20, 2024.

According to the announcement made by the company today, shareholders will receive a dividend ...

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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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Lahore: Arif Habib Limited, overseeing the public offer to acquire shares of Shell Pakistan Limited, announced the conclusion of the acceptance period on September 19, 2024. The offer, initiated by Wafi Energy Holding Limited ("Acquirer"), aimed to se...

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Karachi: Orient Rental Modaraba has declared its financial results for the fiscal year ended June 30, 2024. The board approved the financial statements and declared a final cash dividend of Rs. 1.2 per certificate, equating to a 12% dividend rate.

T...

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