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K-Electric Ltd Faces Market Challenges; Reports Negative EPS

Karachi, K-Electric Ltd (KEL), one of the oldest players in the power sector since 1949, faced significant market challenges, reflected in its negative EPS of Rs. (1.12). The company, with no distributions announced, saw its share price fluctuate between Rs. 6.09 and Rs. 1.55. K-Electric, with a turnover of 9,386,564,007 shares, remains active in the market despite financial difficulties.

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DPM, Egypt FM Stress Continued Engagement for Peace

Islamabad: Deputy Prime Minister Mohammad Ishaq Dar held a telephonic conversation with Egypt's Foreign Minister Badr Abdelatty: The two leaders discussed the ongoing diplomatic efforts facilitated by Pakistan, and underscored the importance of dialog...