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Chashma Sugar Mills Ltd. Reports 50% Distribution for 2024

May 2, 2024 Business & Finance News

Karachi, Chashma Sugar Mills Ltd., with no distribution in 2023, declared a 50% distribution for 2024. The company's EPS surged to Rs. 59.22, supported by a turnover of 591,500 units. Since its listing in 1991, Chashma Sugar Mills has demonstrated rob...

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Interloop Limited Announces Robust Dividends Following Strong Performance

May 2, 2024 Business & Finance News

Karachi, Interloop Limited reported a substantial earnings per share of Rs. 14.39 for the first four months of 2024. The company has announced a dividend of 50% for 2024, following a 40% payout in 2023. With a turnover of 36,065,156 shares and a tradi...

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Service Global Footwear Posts Profits, Declares Dividend

May 2, 2024 Business & Finance News

Lahore, Service Global Footwear Ltd., trading as XD NC, announced today a closing rate of Rs. 602.36 on the Pakistan Stock Exchange. This recently listed company in 2021, with a high turnover of 7,679,000, declared a 50% dividend for December 2023 aft...

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UBL Income Opportunity Fund Posts Decline in Earnings

May 2, 2024 Business & Finance News

Karachi, The UBL Income Opportunity Fund has reported a decline in returns from 5.00% in June 2023 to 4.74% in June 2024, with an offering price of Rs 121.15 and a redemption price of Rs 119.13.

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Shahtaj Textile Limited Records Double-Digit EPS

May 2, 2024 Business & Finance News

Karachi, Shahtaj Textile Limited (PSE: STL) reported a substantial earnings per share (EPS) of Rs 15.84 for the first four months of 2024. The company, listed since 1992, declared a 130% distribution for the fiscal year ending in June 2023, with a pri...

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Dawood Hercules Corporation Announces Substantial Dividends

May 2, 2024 Business & Finance News

Karachi, Dawood Hercules Corporation revealed robust financial results with an EPS of Rs 7.67 for January-April 2024. The company's turnover reached 9,996,474, and the stock price today was Rs 144.37. It announced a 150% dividend for the last year and...

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Meezan Pakistan ETF Continues Steady Performance

May 2, 2024 Business & Finance News

Karachi, The Meezan Pakistan ETF (MZNPETF) continues to perform well with a daily weighted average rate of Rs. 82.808 and today’s rate of Rs. 13.65. Listed in 2020, the fund boasts a size of Rs. 10 million, a par value of Rs. 10, and a market lot of 5...

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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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