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Nishat Mills Limited Announces Board Meeting to Consider Scheme of Arrangements

May 3, 2024 Business & Finance News

Lahore, Nishat Mills Limited has scheduled a Board of Directors meeting in Lahore to discuss and potentially approve a Scheme of Arrangements and Compromises with Nishat Chunian Limited and Nishat Chunian Power Limited. This meeting, detailed in a not...

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Arif Habib Dolmen REIT Management Limited Announces Interim Cash Dividend Credit

May 3, 2024 Business & Finance News

Karachi, Arif Habib Dolmen REIT Management Limited has credited an interim cash dividend of Re. 0.50 per unit, which is 5.0% annualized to 20.0%, for Dolmen City REIT for the quarter ending March 31, 2024. The payment was processed electronically into...

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Citi Pharma Ltd. Reports Strong Growth Despite Market Challenges

May 3, 2024 Business & Finance News

Karachi, Citi Pharma Ltd. has shown commendable performance with an earnings per share growth to Rs 2.88 from Rs 2.70 in the previous year, reflecting a positive trajectory amid challenging market conditions. Currently, the company's stock is priced a...

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AL-Noor Modaraba 1st Declares 10% Dividend; Shows Minimal EPS Growth

May 3, 2024 Business & Finance News

Karachi, AL-Noor Modaraba 1st, operational since 1992, announced a 10% dividend for its shareholders. The company's EPS saw a nominal rise to Rs 2.53 for January to April 2024 from Rs 0.02 in the previous year. The trading price for the company's shar...

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Premier Insurance Ltd. Reports Loss in Recent Fiscal Year

May 3, 2024 Business & Finance News

Karachi, Premier Insurance Ltd. has reported an earnings per share (EPS) of 6.12, which contrasts with a loss of 3.76 EPS for the previous fiscal year. The company, established in 1952 and holding a paid-up capital of 505.65 million Rupees, did not an...

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Pakistan Stock Exchange Sees Modaraba Certificate Valuation Change

May 3, 2024 Business & Finance News

Karachi, BDO Ebrahim & Co., a chartered accountant firm, has issued an auditor's certificate confirming a significant change in the face value of Modaraba certificates from Rs. 5 to Rs. 10. The change was notified to the Pakistan Stock Exchange (PSE) ...

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Power Cement Partners with Burj Solar for Wind Power Project in Karachi

May 3, 2024 Business & Finance News

Karachi, Power Cement Limited (PCL) has entered into a term sheet with Burj Solar (Private) Limited for the development and financing of a new wind power initiative. This project, aimed at reducing dependency on fossil fuels, will be established on th...

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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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