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Invest Capital Investment Bank Reports Modest Earnings Amidst Market Volatility

Karachi, Invest Capital Investment Bank (ICIBL), a notable entity in the investment banking sector, disclosed its earnings for the fiscal year ending February 2024, showcasing an earnings per share (EPS) of Rs. 0.32. Despite the challenging market conditions, the bank managed to report earnings, reflecting its resilience. The bank, which has been listed on the Pakistan Stock Exchange since 1993, holds a paid-up capital of Rs. 2,848.67 million. The report further indicated no dividend distribution for the years 2022, 2023, and 2024, underscoring a cautious approach in capital allocation amidst economic uncertainties.

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Cherat Cement Reports Decline in Quarterly Earnings Amid Cost Pressures

Karachi, Cherat Cement Company Limited reported a significant decrease in its earnings for the third fiscal quarter of 2024, driven by contraction in gross margins and a decrease in sales volume.

According to AKD Securities Limited, Cherat Cement's ...

The post Cherat Cement Reports Decline in Quarterly Earnings Amid Cost Pressures appeared first on Pakistan Business News.