Business & Finance News

Karachi: Shareholders of ABL-Funds received a modest boost as the company electronically distributed an interim cash dividend of Rs. 0.0101 per share, representing a 0.101% yield for the fiscal year ending September 16, 2024. The transaction was proce...

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Karachi: A recent transaction within Nestle Pakistan Limited involving a substantial shareholder has been disclosed. Syed Babar Ali, a Non-Executive Director of the company, gifted out 9,450 shares at a rate of zero, marking a significant non-monetary...

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Karachi: On behalf of the Board of Directors of Ismail Industries Limited, the Chairman reported a remarkable year of financial growth for the fiscal year ending June 30, 2024, despite facing a turbulent economic and political landscape. According to ...

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Karachi: A meeting of the Board of Directors of Siemens is currently in progress, taking place on September 18, 2024, in Karachi, Pakistan. This meeting is crucial for discussing the company’s strategic initiatives and operational plans.

The proceed...

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Karachi: National Refinery Limited has made an adjustment to the timing of its upcoming Annual General Meeting (AGM), now set to commence at 2:00 PM on October 21, 2024, an hour earlier than previously scheduled.

This alteration in the AGM schedule ...

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Karachi: Dawood Hercules Corporation Limited has completed the distribution of an interim cash dividend to its shareholders, reflecting a payout ratio of 30% for the fiscal year ending December 31, 2024.

Today, the company announced that a cash divi...

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Karachi: K-Electric Limited, the key player in Pakistan's power sector, has scheduled a meeting of its Board of Directors on September 25, 2024. The agenda will focus on critical business matters unrelated to the company's financial results.

In a re...

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