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Fazal Cloth Mills Ltd. Releases Financial Statements

May 10, 2024 Business & Finance News

Multan, Fazal Cloth Mills Ltd., established in 1970, reported a daily weighted average rate of Rs. 140.00 and a turnover of 38,855. The firm declared a 100% dividend for the previous year and none for the current year. The share price peaked at Rs. 16...

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Escorts Investment Bank Limited Sees High Share Turnover Despite Losses

May 10, 2024 Business & Finance News

Karachi, Escorts Investment Bank Limited reported a turnover of 2,015,000 shares for the year ending April 2024. The company, with a paid-up capital of Rs. 4.02 million, did not announce any distributions and closed at Rs. 5.24. Listed since 1996, Esc...

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Agritech Limited Announces Conversion of Preference Shares into Ordinary Shares

May 10, 2024 Business & Finance News

Lahore, Agritech Limited has disclosed the conversion of preference shares into ordinary shares according to the requirements of the Securities Act, 2015 and the rules of the Pakistan Stock Exchange. The conversion involves 10,883,486 preference share...

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Blessed Textiles Limited Reports Substantial Gains in Distributions and Earnings

May 10, 2024 Business & Finance News

Karachi, Blessed Textiles Limited has significantly increased its distributions, reporting 330% for the current fiscal year, a notable rise from 165% in the previous year. The company's daily weighted average rate was Rs. 281.80, with the share price ...

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Sindh Modaraba Reports Dividend and Bonus Increase

May 10, 2024 Business & Finance News

Karachi, Sindh Modaraba has announced a dividend of 10.65 per share, with an increased bonus rate of 12% and a right issue of 12.50%. Established in 2015, the company reported a share price of 10.5 and a trading volume of 145,500 shares. Sindh Modarab...

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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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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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