Business

Karachi, In recent announcements to the Pakistan Stock Exchange (PSE), the HBL Income Fund and HBL Islamic Asset Allocation Fund disclosed their distribution figures. The HBL Income Fund reported a 5.00% distribution for 2022 and Rs 5.50 per unit for ...

Karachi, Askari Bank Ltd. (AKBL) has announced an increase in its dividend distribution for the year 2024, setting the rate at 25%, an improvement from the 15% bonus distribution reported in 2023. The bank's daily weighted average share price was reco...

Islamabad, The Oil and Gas Development Company Limited (OGDCL), as the operator of the Kohat Exploration License in Khyber Pakhtunkhwa, has made a significant discovery of gas and condensate at the Togh-02 (Slant) exploratory segment in the Lumshiwal-I...

The post OGDCL Announces New Gas and Condensate Discovery in Kohat Block, Khyber Pakhtunkhwa appeared first on Pakistan Business News.

Karachi, In a recent financial update, the HBL Islamic Money Market Fund reported a 4.20% distribution for the year, translating to Rs 4.20 per unit. This announcement, aimed at investors and market analysts, indicates the fund's consistent performanc...

Karachi, Ghani Global Holdings (GGL), involved in the chemical industry, posted a daily weighted average rate of 9.93 RS. with an earnings per share of just 0.05 RS. for 2022/2023. The company did not announce any distributions for the years 2022, 202...

Lahore, The Pakistan Credit Rating Agency Limited (PACRA) has upgraded the entity ratings of H. Sheikh Noor-ud-Din and Sons (Private) Limited (HSNDS), reflecting the company's strong financial performance and growth trajectory. The upgrade moves the lo...

The post PACRA Upgrades H. Sheikh Noor-ud-Din and Sons Ratings Amid Strong Performance appeared first on Pakistan Business News.

Karachi, Grays Leasing Ltd, a prominent name within the leasing sector, disclosed no new dividends or earnings per share in its latest financial updates for January-February 2024, as reported to the Pakistan Stock Exchange. The company, listed since 1...