Breaking News

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.

Check Also

Pakistan Condemns Demolition of Century-Old Mosque in Saharanpur

Islamabad: Pakistan has strongly condemned the demolition of the century-old mosque in Saharanpur, India. Responding to media queries regarding reports of this incident, Foreign Office Spokesperson Sajjad Haider Khan stated that this action against a...