Karachi, U Microfinance Bank Limited has announced June 23, 2024, as the next coupon date for its four-year debt securities. These securities are issued at a face value of Rs. 100,000 each and feature a profit rate of 6-month KIBOR plus 1.35%. The tot...
Read More »United Distributors Pakistan Ltd Records Loss
Karachi, United Distributors Pakistan Ltd (UDPL) noted a substantial loss with an EPS of Rs (10.56) in the first quarter of 2024. The stock was traded at Rs 352.71 today, peaking at Rs 39.94 in 2023 with a daily weighted average of Rs 26000. Since its...
Read More »Mughal Iron & Steel Industries Limited Offers Five-Year Bond
Karachi, Mughal Iron & Steel Industries Limited has entered the debt market with a five-year bond, part of its efforts to secure long-term financing. The bond has a face value of Rs. 1,000,000 per unit, with an interest rate based on the...
Read More »Adam Sugar Mills Reports Decrease in Dividend Amid Modest Earnings
Karachi, Adam Sugar Mills Ltd. (ADAMS) announced a reduced dividend of 25%, down from an interim (I) 15% in the previous year. Despite the downturn, the stock reached a peak of Rs. 42.99 and a low of Rs. 493000, with earnings per share at Rs. 5.86. Th...
Read More »Pakistan Hotels Developers Sees Negative Earnings in Q1 2024
Karachi, Pakistan Hotels Developers (PHDL) experienced a negative EPS of Rs (2.62) in the first quarter of 2024. The shares were priced at Rs 450.74 today, reaching a high of Rs 582.25 in 2023 with a daily weighted average of Rs 180.00. The turnover s...
Read More »Service Industries Limited Announces Book Closure for Dividends and AGM
Lahore, Service Industries Limited has announced the closure of transfer books from April 20, 2024, to April 26, 2024, for the upcoming dividend distribution. The Annual General Meeting (AGM) is scheduled for April 26, 2024, at 11:30 AM, where shareho...
Read More »MCB Bank Sets Book Closure Dates for Early May
Karachi, MCB Bank Limited will close its share transfer books from May 7, 2024, through May 9, 2024. The cutoff for shareholders to be recorded is set for May 3, 2024.
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