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Adam Sugar Mills Reports Mixed Financial Outcomes

May 10, 2024 Business & Finance News

Karachi, Adam Sugar Mills Limited (NC) has experienced a fluctuating fiscal year with a decrease in profit distribution, moving from 25% in the previous year to 15% in the current period, marked as interim (I). The sugar manufacturer's stock reached a...

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Security Investment Bank Ltd Reports Negative Earnings Amid Dividend Payouts

May 10, 2024 Business & Finance News

Karachi, Security Investment Bank Ltd (XDXB NC) reported a negative EPS of Rs -0.64 but declared a 5% dividend and a 15% bonus. The company’s stock reached a high of Rs 6.99 from a low of Rs 4.59, with a trading volume of 1,005,500 shares.

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Pakgen Power Limited Announces Book Closure Dates for Dividend Distribution

May 10, 2024 Board Meetings

Lahore, Pakgen Power Limited has declared the closure of its transfer books from May 9, 2024, to May 10, 2024. This step is part of the company's process to facilitate the distribution of dividends. The book closure will enable the company to finalize...

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Samba Bank Limited Schedules Next Coupon Payment for September 2024

May 10, 2024 Business & Finance News

Karachi, Samba Bank Limited has scheduled the next coupon payment for its privately placed debt securities on September 1, 2024. The securities, with an outstanding principal of Rs. 4,994,000,000, have a tenor of 10 years. They offer a profit rate of ...

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Telecard Limited Details Its 6-Year TFC

May 10, 2024 Business & Finance News

Karachi, Telecard Limited has provided information on its 6-year term finance certificate, TELETFC, with a face value of Rs. 5,000 and an unusual profit rate of 3M KIBOR + 0%. Initially issued at Rs. 2.4 billion, the outstanding principal is now zero....

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Habib Bank Limited Sets June 2024 for Next Coupon Date on Perpetual Debt Securities

May 10, 2024 Business & Finance News

Karachi, Habib Bank Limited has released details regarding its perpetual debt securities, which have an outstanding principal amount of Rs. 6,500,000,000. The profit rate for these securities is set at 3M KIBOR + 2.00%, with the next coupon payment du...

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Shadman Cotton Mills Ltd. Reports Minor Financial Activities

May 10, 2024 Business & Finance News

Karachi, Shadman Cotton Mills Ltd. reported an EPS of Rs. 5.31 for the January to April 2024 period. The turnover for the company stood at 9,500. There were no dividends distributed during this period. The share price ranged from Rs. 15.44 at its high...

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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.

  • PM Tasks Planning Ministry to Boost Exports of Precious Stones

    3 days ago
  • MOIB Dismisses Afghan Propaganda on Phantom Strikes in Kunar as Absurd

    3 days ago
  • Punjab CM Orders Financial Support for Low-Income Families

    3 days ago
  • DPM Reiterates Resolve to Promote Regional Peace, Stability

    3 days ago
  • DPM, Egyptian FM Discuss Latest Regional Situation

    3 days ago

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