Cherat Packaging Ltd. disclosed a profit of PKR 490.95 million

Karachi (PPI Bot): Cherat Packaging Ltd. disclosed a profit of PKR 490.95 million, with a 50% cash dividend and a further 10% bonus shares to shareholders. A substantial 30% of profits were retained, indicating a strong reserve for future investments. The company’s financials reflected stability since its inception in 1991, with a market cap of PKR 2,772,900.

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President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

Islamabad: President Asif Ali Zardari has appreciated the Saudi Ambassador to Pakistan, Nawaf bin Said Al-Malkiy, for strengthening the longstanding fraternal and strategic ties between Pakistan and Saudi Arabia. He was talking to the Ambassador, who ...