Globe Residency REIT Posts Solid Earnings

Karachi, Globe Residency REIT (GRR) showcased solid financial performance with a closing rate of Rs. 13.49, closely aligned with its daily weighted average rate of Rs. 13.48. The trust, with a paid-up capital of Rs. 1,400.00 million and listed in 2022, declared a 30% dividend, indicating strong returns for its investors. GRR’s January 2024 EPS stood at Rs. 1.94, with a turnover of 156,000 shares, demonstrating its market resilience and profitability.

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Junaid Chaudhry Announces Establishment of Fisheries, Aquaculture Centre in Karachi

Karachi: Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced the establishment of a fisheries and aquaculture research centre at the Korangi Fish Harbour Authority in Karachi. According to Radio Pakistan, the Minister stated ...