Karachi, Al-Noor Modaraba 1st, operating under the symbol FANM, declared a 10% bonus for the year 2022, maintaining a moderate trading profile with no cash distributions reported for subsequent years. The modaraba’s daily weighted average rate stands ...
Read More »International Industries Ltd. Sustains Strong Dividend Yield
Karachi, International Industries Ltd. (INIL) closed today at Rs. 196.68, slightly above its average of Rs. 195.45. The company, holding a capital of Rs. 1,318.82 million, declared an 80% dividend for this year and plans a 75% dividend next year, alon...
Read More »Din Textile Mills Ltd Faces Market Challenges with Negative Earnings
Karachi, Din Textile Mills Ltd, symbol DINT, continues to navigate a challenging market environment with no dividend distribution and a notable decline in earnings. The company posted a significant loss with an earnings per share of -Rs. 16.53 for 202...
Read More »United Insurance Co. of Pakistan Continues Strong Dividend Performance
Karachi, United Insurance Co. of Pakistan (UNIC) maintained its trading price at Rs. 12.80 today. The company, with a capital of Rs. 3,467.50 million, plans to reduce its dividend from 45% this year to 35% next year. According to information available...
Read More »Askari Bank Limited Announces Leadership Change
Karachi, Askari Bank Limited has announced a change in its leadership. Mr. Atif R. Bokhari has resigned from his position as President & Chief Executive Officer of the bank effective May 31, 2024. Mr. Saleem Anwar has been appointed as Acting Pres...
Read More »Khyber Pakhtunkhwa Chief Secretary Directs Enhanced Electricity Load Management to Mitigate Summer Outages
Peshawar, Chief Secretary Khyber Pakhtunkhwa Nadeem Aslam Chaudhry has directed enhanced electricity load management to provide relief from summer outages. During a meeting in Peshawar, Chaudhry emphasized the importance of uninterrupted electricity s...
Read More »Farooq Abdullah Advocates Dialogue as Path to Peace in Kashmir
Srinagar, National Conference President Dr. Farooq Abdullah reiterated his stance that dialogue remains the only viable solution to achieve peace in the conflicted region of Indian illegally occupied Jammu and Kashmir (IIOJK). According to Kashmir M...
Read More »
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service