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Saif Textile Mills Limited Announces Leadership Changes

May 8, 2024 Business & Finance News

Islamabad, Saif Textile Mills Limited has reported significant changes to its board of directors effective May 7, 2024. Mr. Osman Saifullah Khan has stepped down as Chairman of the Board, with Mr. Javed Saifullah Khan succeeding him for the remainder ...

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Reliance Weaving Mills Announces Profit Increase

May 8, 2024 Business & Finance News

Multan, Reliance Weaving Mills has posted an EPS of Rs. 6.59 for the quarter. The company, listed since 1992, declared a 40% distribution and reported a daily weighted average rate of Rs. 308.11. Reliance Weaving Mills holds a paid-up capital of Rs. 5...

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Cherat Packaging Ltd. Announces Strong Performance

May 8, 2024 Business & Finance News

Karachi, Cherat Packaging Ltd. recorded a significant increase in its share price, reaching a high of Rs. 119.98 in today's trading session. The firm reported an impressive EPS of Rs. 18.50 for the period from January to April 2024. Additionally, it a...

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Shahtaj Textile Limited Distributes Highest Dividend in the Sector

May 8, 2024 Business & Finance News

Karachi, Shahtaj Textile Limited has declared an impressive 130% cash dividend and a 65% bonus share for its shareholders, leading the textile sector in distributions. The company witnessed a healthy EPS of 15.84, reflecting its strong financial healt...

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K-Electric Limited to Close Transfer Books for Record Maintenance

May 8, 2024 Board Meetings

Karachi, K-Electric Limited has declared the closure of its transfer books from May 16, 2024, to May 23, 2024. This closure is part of the company's regular financial procedures. The transfer books closure is aimed at maintaining accurate shareholde...

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International Steels Ltd. Closes Fiscal Year with 65% Distribution

May 8, 2024 Business & Finance News

Karachi, International Steels Ltd. announced a 65% distribution for the fiscal year ending June 2024. The stock closed at Rs. 70.90 with a daily weighted average rate of Rs. 4,350.00. The company's EPS for 2022/2023 stood at 8.09, with a turnover of 3...

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K-Electric Ltd. Financial Overview

May 8, 2024 Business & Finance News

Karachi, K-Electric Ltd. reported a turnover of 3,872,038,998 with a paid-up capital of Rs. 96,653.18 million for the year ending June. The company declared no distributions for both 2022 and 2023. The earnings per share (EPS) for the period January t...

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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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