Business

Karachi, Pakistan Cables Limited, in an Extraordinary General Meeting (EGM) held on March 18, 2024, has approved the sale of a significant portion of its land located in S.I.T.E., Karachi. The shareholders confirmed the minutes of the Annual General M...

Karachi, Gadoon Textile Mills Ltd (GADT) has posted outstanding financial results with an EPS of Rs. 117.44 for the initial months of 2024. Despite the high earnings, the company did not announce any dividend distributions. The firm, with a paid-up ca...

Lahore, In accordance with Section 159(4) of the Companies Act, 2017, MCB Bank Limited has announced the unopposed election of its board of directors for the term commencing on March 27, 2024. The notification, set to be published in the "Business Rec...

Karachi, Grays Leasing Ltd, a company listed on the Pakistan Stock Exchange under the ticker GRYL, has reported no dividend payout for the current period. With a nominal value of Rs. 215.00 per share, the company did not announce any interim or final ...

Karachi, Saritow Spinning Mills Ltd has experienced significant financial distress, reporting a negative EPS of Rs. (14.45) for January-February 2024. With no dividends declared for this period, the company, listed since 1990, is facing stark challeng...

Karachi, The JS Momentum Factor ETF (JSMFETF), with both its opening and closing rates at 15.00, has made a steady impact on the Pakistan Stock Exchange. The fund, boasting a size of Rs. 72.946 million and listed in 2022, operates with a par value of ...

Karachi, The NIT - Income Fund, a part of the mutual funds listed since 2010, has published its annual financial details. Ending the year in June, it posted an offer price of PKR 11.1 and a redemption price of PKR 10.99. The fund declared a distributi...