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Elahi Cotton Mills Ltd Maintains Steady Trading Amid No Dividend Payout

May 31, 2024 Business & Finance News

Karachi, Elahi Cotton Mills Ltd, symbol ELCM, remains steady in the market with a today's rate of Rs. 85.46 and a daily weighted average rate of Rs. 78.62. The company holds a paid-up capital of Rs. 13.00 million. According to information available fr...

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Dawood Lawrencepur Announces 70% Dividend Amidst Market Challenges

May 31, 2024 Business & Finance News

Karachi, Dawood Lawrencepur Ltd., operating under the symbol DLL, has declared a significant 70% dividend despite facing a challenging market environment. According to information available from the Pakistan Stock Exchange (PSX), the company, with a p...

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Habib Bank Ltd. Rewards Shareholders with Exceptional Dividends

May 31, 2024 Business & Finance News

Karachi, Habib Bank Ltd., trading as HBL, declared an impressive dividend rate of 67.5% for 2022, further raising it to 97.5% for 2023 with an interim of 40%. The bank's financial stability is evidenced by its paid-up capital of Rs. 14,668.52 million ...

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KSE Meezan Index Fund Delivers Stellar 24% Distribution in 2022

May 31, 2024 Business & Finance News

Karachi, The KSE Meezan Index Fund, with an offer price of 113.86 and a redemption price of 111.07, has achieved an impressive 24.00% distribution for the year ending June 2022. Launched in 2012, this fund aims to mirror the performance of the KSE Mee...

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Abbott Laboratories Sustains High Performance with Notable Dividend

May 31, 2024 Business & Finance News

Karachi, Abbott Laboratories Pakistan Ltd., trading under the ticker ABOT, has maintained its robust performance with a substantial 150% dividend for 2022, despite not projecting any dividends for 2023. According to information available from the Paki...

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Sazgar Engineering Announces Dividend Increase as Performance Stabilizes

May 31, 2024 Business & Finance News

Karachi, Sazgar Engineering Works Ltd., trading under the symbol SAZEW, has revealed plans to increase its dividends, announcing a 40% distribution for 2023 and projecting an 80% interim dividend for the same year. This announcement comes as Sazgar En...

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Tariq Corporation Limited Announces New Chief Financial Officer

May 31, 2024 Business & Finance News

Karachi, Tariq Corporation Limited has appointed Mr. Muhammad Iqbal Qasim Bhutta as the new Chief Financial Officer, effective May 31, 2024. This leadership change follows the acceptance of Mr. Wasim Saleem’s resignation by the company’s Board of Dire...

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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.

  • Mainly Hot and Humid Conditions to Persist in Plain Areas

    2 days ago
  • Pakistan and UK Agree on Structured Dialogue Mechanism to Strengthen Bilateral Ties

    2 days ago
  • AJK Assembly to Elect Leader of House Tomorrow

    2 days ago
  • PM Lauds KSA’s Pivotal Role in Promoting Regional Peace

    2 days ago
  • Punjab CM Visits China’s Leading Dairy Enterprise in Xinjiang

    2 days ago

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