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K-Electric Ltd Reports Massive Earnings; No Dividend Declared

Karachi, K-Electric Ltd (KEL) disclosed its financial performance for the period ending in June, reporting an extraordinary income of PKR 96,653.18 million. Despite the high earnings, the company did not announce any dividend. The EPS was PKR 6.09, and the stock price increased to PKR 5.65 from the opening price of PKR 5.57. A massive volume of 9,386,564,007 shares was traded.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...