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SECOND AND FINAL REVIEW UNDER THE STAND-BY ARRANGEMENT-PRESS RELEASE; STAFF REPORT; AND STATEMENT BY THE EXECUTIVE DIRECTOR FOR PAKISTAN

May 10, 2024 General

Washington D.C, Following is the full text of International Monetary Fund Country Report In the context of the Second Review Under the Stand-by Arrangement, the following documents have been released and are included in this package:A Press Release in...

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Next Capital Limited Reports Negative Financial Results

May 10, 2024 Business & Finance News

Karachi, Next Capital Limited (NC) faced a challenging quarter with an EPS of Rs -1.71. The company declared a 15% bonus despite the negative earnings, and the shares fluctuated between Rs 5.03 and Rs 6.19, with a total trading volume of 2,010,500 sha...

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Sardar Chemical Industries Reports Steady Performance; No Dividends

May 10, 2024 Business & Finance News

Karachi, Sardar Chemical Industries (SCI) maintained its share price at 36.25 rupees today, continuing its policy of not declaring dividends. The daily weighted average rate was 4.05 rupees, with a turnover of 138,000 shares. SCI, listed in 1994, rema...

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Faisal Spinning Mills Ltd. Announces Substantial Dividends

May 10, 2024 Business & Finance News

Faisalabad, Faisal Spinning Mills Ltd., a market participant since 1992, recorded a daily weighted average rate of Rs. 307.74 and a turnover of 26,306. The company declared dividends of 214.50% and 115% for the previous and current years, respectively...

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Pakistan Petroleum Ltd (Pref) Declares Book Closure Period

May 10, 2024 Board Meetings

Karachi, Pakistan Petroleum Ltd (Pref) has declared a book closure period from May 13, 2024, to May 15, 2024. Shareholders on the register as of May 12, 2024, will qualify for the dividend payout.

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Leather-Up Ltd Records Modest Trading

May 10, 2024 Business & Finance News

Karachi, Leather-Up Ltd, trading under "LEUP," had a quiet day with a rate of Rs. 11.63 and no dividends announced for the past two years. Listed in 1994, the stock’s highest and lowest prices were Rs. 12.09 and Rs. 11.63 respectively, with a turnover...

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Khyber Textile Mills Ltd Declares No Dividend

May 10, 2024 Business & Finance News

Karachi, Khyber Textile Mills Ltd reported a nil distribution for both 2022 and 2023. The company's EPS stood at Rs. (3.19) for the year ending April 2024. Khyber Textile's stock was traded at a low of Rs. 437 with a paid-up capital of Rs. 612.53 mill...

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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.

  • Rain and Wind Thundershowers Expected Across Multiple Regions

    2 days ago
  • PM Calls for Strict Action at Every Level to Eliminate Electricity Theft

    2 days ago
  • President, Interior Minister Discuss Law and Order Situation

    2 days ago
  • President, Interior Minister Discuss Law and Order Situation

    2 days ago
  • DPM, Saudi FM Discuss on Regional, Int’l Developments

    2 days ago

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