Nishat Power Ltd. Continues Steady Dividend Growth, Shares Remain Stable

Karachi: Nishat Power Ltd. (NPL) ended the day at PKR 30.05, with a daily weighted average rate of PKR 29.72. The company, with a paid-up capital of PKR 3,540.89 million, declared a 70% dividend for 2023, increasing from 45% in 2022 and 15% in 2021. Since its 2009 listing, NPL’s share price ranged from a high of PKR 27.95 to a low of PKR 15.93. The turnover for the period was 222,249,054 shares, with an EPS of PKR 7.57 for the year 2021/2022.

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President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

Islamabad: President Asif Ali Zardari has appreciated the Saudi Ambassador to Pakistan, Nawaf bin Said Al-Malkiy, for strengthening the longstanding fraternal and strategic ties between Pakistan and Saudi Arabia. He was talking to the Ambassador, who ...