Business

Karachi, S.G. Power Ltd (SGPL) reported a loss with an earnings per share of -0.16 for the year ending June 2023. Despite a high turnover of 3,437,500, the company’s share prices ranged from 5.99 to 2. The company, with a paid-up capital of Rs. 178.33...

Karachi, The Alfalah GHP Islamic Balance Allocation Plan and Alfalah GHP Islamic Fund have not reported any new financial changes in their latest disclosures to the Pakistan Stock Exchange (PSE). As these funds prepare for their June book closures, th...

Karachi, Revealing its latest financial figures to the Pakistan Stock Exchange (PSE), the Pak Oman Islamic Asset Allocation Fund has updated its offer and redemption prices to Rs. 43.83 and Rs. 42.62, respectively. These adjustments, made in anticipat...

Karachi, Goodluck Industries Ltd. (GIL), announced a 30% dividend for its shareholders, despite the absence of trading rate data in its financial announcement to the Pakistan Stock Exchange. With its listing dating back to 1970, GIL's dividend declara...

Lahore, In anticipation of the upcoming holy month of Ramadan, TCL, Pakistan's leading LED TV brand, in collaboration with Daraz, the country's foremost online shopping platform, has unveiled a Pre-Ramadan Sale. The sale, set to run from March 3rd to ...

The post TCL Launch Pre-Ramadan Sale Offering Significant Discounts on TVs appeared first on Pakistan Business News.

Islamabad, Pakistan's banking sector concluded the calendar year 2023 on a high note, achieving another year of record-high profitability, driven by a 600 basis points increase in interest rates and a significant 30% year-over-year jump in asset base....

The post Pakistan’s Banking Sector Closes CY23 with Record Profits Amid High Interest Rates appeared first on Pakistan Business News.

Karachi, Mehran Sugar Mills Ltd. declared various distributions for the fiscal year ending September 2022, including a 7.5% interim and 25% bonus, highlighting its strong financial performance. The company's paid-up capital is Rs. 749.28 million, with...