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Pace (Pakistan) Limited Reports Negative Earnings, No Distribution Declared

Karachi, Pace (Pakistan) Limited (PACE) reported negative earnings for the year ending June 2023, with an EPS of Rs. (0.17). The company’s paid-up capital is Rs. 2,788.77 million. Today’s rates for PACE were Rs. 2.88, marginally higher than the previous rate of Rs. 2.87. No distribution was declared for the period. The company, listed since 2007, maintains a market lot of 500 and a par value of Rs. 10. The last book closure date was 21/10.

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Pakistan and Kuwait Pledge to Enhance Bilateral Ties

Islamabad: Pakistan and Kuwait have reaffirmed their commitment to strengthen their brotherly relations. Deputy Prime Minister and Foreign Minister Ishaq Dar engaged in talks today with the Foreign Minister of Kuwait, Sheikh Jarrah Jaber al-Ahmad al-S...