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Citi Pharma Limited Announces Joint Venture with Hangzhou Newsea Technology to Expand API Production

May 7, 2024 Business & Finance News

Karachi, Citi Pharma Limited has entered into a joint venture with Hangzhou Newsea Technology Co., Ltd., to enhance its production of Active Pharmaceutical Ingredients (APIs). The new entity, ETACI LIMITED, aims to manufacture 30 additional APIs, augm...

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Baluchistan Glass Ltd. Reports Decline in Earnings Amidst Stagnant Market Conditions

May 7, 2024 Business & Finance News

Karachi, Baluchistan Glass Ltd. (BGL), a longtime player in Pakistan’s glass industry, has reported a decline in earnings per share (EPS), marking a challenging period for the company. The EPS for the January to April 2024 period registered at a loss ...

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Zahidjee Textile Mills Limited Steadies Its Financial Footing with Consistent Distributions

May 7, 2024 Business & Finance News

Karachi, Zahidjee Textile Mills Limited, symbolized as ZTM on the PSE, reported an EPS of Rs. 6.34 for the first four months of 2024. The stock price today is Rs. 141.07, with a declared 10% distribution for this and the upcoming year. Listed since 19...

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Service Industries Limited Approves Comprehensive Restructuring Plan

May 7, 2024 Business & Finance News

Lahore, In a significant move, shareholders of Service Industries Limited convened in an Extraordinary General Meeting (EGM) on May 6, 2024, where they passed a special resolution endorsing a major restructuring scheme. The resolution facilitates a sc...

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Ittehad Chemicals Limited Sets Book Closure Dates

May 7, 2024 Board Meetings

Karachi, Ittehad Chemicals Limited has announced the closure of its transfer books from May 9, 2024, to May 11, 2024. The trading of shares ex-price will begin on May 7, 2024. No additional financial distributions have been declared with this schedule...

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MCB Bank Limited Announces Upcoming Book Closure

May 7, 2024 Board Meetings

Karachi, MCB Bank Limited will have its transfer books closed from May 7, 2024, through May 9, 2024, as per the recent notice to the Pakistan Stock Exchange. The bank has also announced that the ex-price date is set for May 3, 2024.

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Meezan Strategic Allocation Fund II – Meezan Capital Pre Plan-VII Reports Year-End Distributions

May 7, 2024 Business & Finance News

Karachi, The Meezan Strategic Allocation Fund II - Meezan Capital Pre Plan-VII disclosed a year-end distribution of Rs. 0 per unit for 2022. Investors will find the redemption price to be Rs. 63.75 per unit. Listed in June 2019, the fund has continued...

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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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