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MCB Bank Ltd. Announces Triple-Digit Dividends and High EPS

May 3, 2024 Business & Finance News

Lahore, MCB Bank Limited has declared a 200% dividend for the current year, rising to 300%, with an additional 90% interim dividend. The bank's EPS surged to Rs. 171.25 for January-April 2024, up from Rs. 27.63 in the previous year. MCB Bank, with a p...

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First IBL Modaraba to Review Financial Statements in Upcoming Board Meeting

May 3, 2024 Business & Finance News

Lahore, A board meeting of M/s IBL Modaraba Management (Private) Limited, the management company for First IBL Modaraba, is scheduled for May 10, 2024, in Lahore. The primary agenda for the meeting is to review and approve the financial statements for...

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Nishat Power Reports Increased Dividends and Earnings

May 3, 2024 Business & Finance News

Lahore, Nishat Power Ltd., bearing the symbol XD NC on the Pakistan Stock Exchange, announced a final cash dividend of 45% for the year ending June 2023, along with an interim dividend of 70% for 2024, which includes an additional 45% distribution for...

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Avanceon Limited Announces First Quarter Financial Results for 2024

May 3, 2024 Business & Finance News

Lahore, Avanceon Limited disclosed its financial outcomes for the first quarter ended March 31, 2024. The company reported no new entitlements or corporate actions, including cash dividends, bonus shares, or rights shares in a board meeting held on Ap...

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Atlas Honda Limited Announces Major Dividend, Sets AGM Date

May 3, 2024 Board Meetings

Karachi, Atlas Honda Limited has declared a 300% dividend for its shareholders and scheduled its annual general meeting for June 27, 2024, at 10:00. The company's transfer books will be closed from June 14 to June 27, 2024. The ex-dividend price will ...

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IBL Modaraba Reports Modest Earnings in 2024 First Quarter

May 3, 2024 Business & Finance News

Karachi, IBL Modaraba 1st NC announced today an earnings per share (EPS) of Rs. 0.46 for the first quarter of 2024. The company, listed in 1990, is trading at Rs. 216.88, with no dividends announced for the current or previous year. IBL Modaraba has a...

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United Insurance Announces Resignation of Company Secretary

May 3, 2024 Business & Finance News

Karachi, United Insurance Company of Pakistan Limited has announced the resignation of Mr. Athar Ali Khan from his position as Company Secretary, effective May 02, 2024. The company has stated that they will fill the vacancy within the prescribed time...

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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.

  • Death Anniversary of Yousaf Khan Observed

    2 days ago
  • Over 2.2 Million Registered Under Fuel Relief Scheme: Tarar

    2 days ago
  • President, PM Laud Security Forces for Killing 8 Khwarij in Hangu

    2 days ago
  • Government Initiates Transition to Competitive Electricity Market: Awais

    2 days ago
  • Over 17,000 Pilgrims Secure Hajj Bookings via Pak Hajj App

    2 days ago

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