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Nishat (Chunian) Ltd. Delivers Strong Performance with Significant Dividend in 2022/2023

Karachi, Nishat (Chunian) Ltd. (NCL), a prominent name on the Pakistan Stock Exchange since 1991, has announced an impressive EPS of Rs. 23.32 for the year ending June 2023. The company declared a 70% dividend in 2022, marking a significant return to its shareholders. Nishat (Chunian)’s daily weighted average rate was Rs. 27.00, with a slight increase to Rs. 27.06. The company’s paid-up capital is noted at Rs. 2,401.19 million, illustrating its considerable presence and financial strength in the textile composite sector.

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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...