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Kohinoor Power Company Struggles with Negative Growth

Karachi, Kohinoor Power Company has reported negative growth, with an EPS of Rs. 4.6 for January-April 2024, down from Rs. (0.13) in the previous fiscal year. The company, listed in 1993, has a daily weighted average rate of Rs. 126.00 and a paid-up capital of Rs. 500 million. No distributions were declared for the fiscal year ending in June, consistent with the previous year’s strategy. The turnover figures were not provided.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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