Breaking News

Financial results of Faysal Islamic Savings Growth Fund for period ended March 31, 2016

Karachi, Faysal Islamic Savings Growth Fund informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 22, 2016.

The agenda of the meeting was discussion of profit and loss account for nine months period and quarter ended March 31, 2016 which portrayed a profit of Rs. 28,006,102 and Rs. 12,509,195 respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Faysal Islamic Savings Growth Fund, an open end mutual fund, seeks to provide maximum possible preservation of capital and a reasonable rate of return via investing in Shariah Compliant money market and debt securities having good credit quality rating and liquidity.

The symbol “OEFFISGF” is being used by the stock exchange for the shares of Faysal Income & Growth Fund.

Check Also

Financial results of Sui Northern Gas Pipelines Limited for quarter ended September 30, 2016

Karachi, Sui Northern Gas Pipelines Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on December 28, 2016. The agenda of the meeting was discussion of profit and loss account for quarter ended September 30, 2016 which portrayed a profit of Rs. 1,399,159 with earnings per share 2.21 basic and diluted respectively. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Sui Northern Gas Pipeline Limited was incorporated in Pakistan as a public limited company. The foundations of the company are laid using the Companies Ordinance, 1984. The principle activities of the company are the purchase, transmission, distribution and supply of natural gas. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Lahore. The symbol “SNGP” is being used by the stock exchanges for the shares of Sui Northern Gas Pipeline Limited.