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Lakson Islamic Tactical Fund Announces Specific Year-End Distribution Amidst Stability

Karachi, The Lakson Islamic Tactical Fund, active since 2011, disclosed its financial outcomes with a specific year-end distribution of Rs 6.9799 per unit, despite not planning any future payouts. The fund, with an offer price of 111.69 and a redemption price of 108.62, continues to adapt its strategies to meet the evolving demands of Islamic finance and market conditions.

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Cherat Cement Reports Decline in Quarterly Earnings Amid Cost Pressures

Karachi, Cherat Cement Company Limited reported a significant decrease in its earnings for the third fiscal quarter of 2024, driven by contraction in gross margins and a decrease in sales volume.

According to AKD Securities Limited, Cherat Cement's ...

The post Cherat Cement Reports Decline in Quarterly Earnings Amid Cost Pressures appeared first on Pakistan Business News.