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NIT Government Bond Fund Maintains Steady Distribution Rates

May 24, 2024 Business & Finance News

Karachi, The NIT Government Bond Fund has reported consistent distribution payments with Rs 0.52 per unit, adjusted to Rs 0.5348 per unit for the fiscal year. The redemption price was set at Rs 10.73, slightly below the offer price of Rs 10.83. Accord...

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First National Equities Ltd Sees Substantial Trading Activity

May 24, 2024 Business & Finance News

Karachi, First National Equities Ltd (FNEL) recorded a trading volume of 33,903,500, although it reported no EPS for the period. According to information available from the Pakistan Stock Exchange (PSX), the company's share price fluctuated between 3....

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Bawany Air Products Announces Board Changes with New Director Appointment

May 24, 2024 Business & Finance News

Karachi, Bawany Air Products Limited, a significant entity on the Pakistan Stock Exchange, announced a recent change in its board of directors. According to information available from the Pakistan Stock Exchange (PSX), the company disclosed the depart...

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Standard Chartered Bank (Pakistan) Announces Credit of First Interim Cash Dividend for 2024

May 24, 2024 Business & Finance News

Karachi, Standard Chartered Bank (Pakistan) Limited has credited a 15% first interim cash dividend for the fiscal year ending December 31, 2024. The dividend, amounting to Rs.1.5 per share, was deposited electronically on May 23, 2024, directly into t...

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Adam Sugar Mills Limited Reports Increase in Half-Year Profits

May 24, 2024 Business & Finance News

Karachi, Adam Sugar Mills Limited has disclosed its financial results for the half-year ended March 31, 2024, following a board meeting at the company's registered office on May 24, 2024. According to the results, the company will not be issuing any c...

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Anemone Holdings Faces Restructuring Amid Financial Losses

May 24, 2024 Business & Finance News

Karachi, Anemone Holdings Limited, a wholly owned subsidiary of Packages Limited, has undergone significant financial strain resulting in a mandatory restructuring process. During the first half of 2023, the subsidiary recorded a pre-tax loss of ZAR 3...

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Ansari Sugar Mills Reports Financial Challenges and Operational Struggles Amid Legal Troubles

May 24, 2024 Business & Finance News

Karachi, Ansari Sugar Mills Limited disclosed its financial results for the first quarter ended December 31, 2021, revealing significant operational and financial challenges. The company reported a gross loss of PKR 1,681,137 and a pre-tax loss of PKR...

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Asianet Pakistan

Asia Net Pakistan is a website that provides press release distribution and publishes news online across various sectors including business, politics, sports, and entertainment. The primary goal is to keep readers informed about happenings that can impact their lives. The website publishes news and highlights issues, urging concerned authorities to address them.

  • Met Office Predicts Rain and Thunderstorms Across Regions

    2 days ago
  • Pakistan Highlights Concerns Over Disinformation in Conflict Situations

    2 days ago
  • CM Sindh Invites Uzbek Investors to Invest in Dhabeji Special Economic Zone

    2 days ago
  • Punjab Govt Decides to Launch Four-Month Accelerated Tech Training Program for Youth

    2 days ago
  • National Youth Employment Policy to Be Launched Soon: Mashhood

    2 days ago

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