Ibrahim Fibres Ltd. Reports Strong Earnings Without Dividend Declaration

Karachi, Ibrahim Fibres Ltd. (IBFL) showcased strong earnings, closing at Rs. 400.00, with a consistent daily weighted average rate and a turnover of 194,300 shares. The company, boasting a paid-up capital of Rs. 3,105.07 million and listed since 1995, recorded a January 2024 EPS of Rs. 17.1*, indicating robust profitability and operational efficiency despite not declaring any dividends.

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Iran Says No Decision Made To Resume US Talks

Tehran: Iran has yet to decide whether to resume indirect negotiations with the United States (US), its foreign minister stressing that exchanges through mediators should not be interpreted as a return to talks, Anadolu Ajansi reported. According to...