Business & Finance News

Apna Microfinance Bank to Consider Increase in Paid-Up Capital at Upcoming Board Meeting

Lahore: The Board of Directors of Apna Microfinance Bank Limited is set to convene on September 21, 2024, to discuss a significant proposal regarding the increase in the bank's paid-up capital. This meeting, earmarked specifically for this agenda, wil...

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VIS Upgrades Credit Rating for Thatta Cement on Strong Fiscal Performance

Karachi: VIS Credit Rating Company Limited (VIS) has revised the medium to long term entity ratings for Thatta Cement Company Limited (TCCL) to 'A' from 'A-', acknowledging the company's enhanced financial stability and profitability. This announcemen...

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Pakistan International Bulk Terminal Reports Notable Financial Turnaround for FY 2024

Karachi: The Board of Directors of Pakistan International Bulk Terminal Limited (PIBTL) convened on September 13, 2024, at the Terminal Office to discuss the financial performance for the fiscal year ended June 30, 2024. The meeting concluded with sig...

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Waves Home Appliances Limited Reports Multiple Transactions by Major Shareholder

Karachi: Waves Home Appliances Limited, formerly known as Samin Textiles Limited, has disclosed several significant transactions by Waves Corporation Limited, a substantial shareholder. These transactions took place between September 6 and September 1...

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Power Holding Limited Reports Stabilized Financial Performance in Recent Quarterly Review

Karachi: Power Holding Limited (PHL) has released its condensed interim financial statements for the quarter ending September 30, 2023. These documents provide a detailed look into the company's financial health, reflecting a stable financial position...

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Adamjee Life Assures Shareholders of Electronic Dividend Credit for Mid-Year Distribution

Karachi: Shareholders of Adamjee Life Assurance Company Limited have received their interim cash dividends for the first half of 2024, marking a significant adherence to corporate and regulatory mandates. According to information available from the Pa...

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