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Fauji Cement Co. Ltd. Marks No Dividend with Modest Earnings Growth

Rawalpindi, Fauji Cement Co. Ltd. presented its financial results, noting an EPS of Rs. 16.2 for the January-March 2024 period without declaring any dividend. The EPS reflects a modest uptick in earnings, signaling operational resilience.

The company’s decision to withhold dividend distributions underscores a cautious approach to financial management, aiming to consolidate resources and sustain its market position.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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