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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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Pakistan and Kuwait Pledge to Enhance Bilateral Ties

Islamabad: Pakistan and Kuwait have reaffirmed their commitment to strengthen their brotherly relations. Deputy Prime Minister and Foreign Minister Ishaq Dar engaged in talks today with the Foreign Minister of Kuwait, Sheikh Jarrah Jaber al-Ahmad al-S...