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Oilboy Energy Ltd. Faces Profitability Challenges Amidst Market Volatility

May 2, 2024 Business & Finance News

Islamabad, Oilboy Energy Ltd. encountered profitability challenges amidst market volatility, as indicated in the latest financial announcements from the Pakistan Stock Exchange. The company reported a decline in profits, reflecting the impact of fluct...

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Aruj Industries Ltd Continues to Report Losses

May 2, 2024 Business & Finance News

Karachi, Aruj Industries Ltd, a player in the textile sector of the Pakistan Stock Exchange, continued to face financial losses. For the fiscal year ending June 2024, the company reported an earnings per share (EPS) of Rs. -13.34. The company, which h...

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OLP Modaraba Announces Stable Dividend Amidst Positive Earnings

May 2, 2024 Business & Finance News

Karachi, OLP Modaraba declared a consistent dividend payout amidst a positive earnings outlook in its latest financial disclosure to the Pakistan Stock Exchange. The company, which has been on the PSE list since 1987, reported an EPS of Rs. 2.84 for J...

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NBP Pakistan Growth ETF Reports Modest Turnover

May 2, 2024 Business & Finance News

Karachi, The NBP Pakistan Growth ETF (NBPGETF) recorded a turnover of just 59,000 units with a daily weighted average rate of Rs. 86.391 and today’s rate of Rs. 16.05. Launched in 2020, the fund has a size of Rs. 10 million and offers a distribution r...

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Allawasaya Textile & Finishing Mills Ltd. Plans Rights Issue

May 2, 2024 Business & Finance News

Karachi, Allawasaya Textile & Finishing Mills Ltd. has declared a 25% rights issue. This move aims to provide shareholders the opportunity to augment their shareholdings at a predetermined rate, reflecting the company's plans for expansion or debt red...

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Bank Makramah Limited Issues Additional Rights at 11.2443%

May 2, 2024 Business & Finance News

Karachi, In a subsequent announcement, Bank Makramah Limited has listed an additional rights issue at a rate of 11.2443%. This follows their earlier declaration and is intended to further strengthen the bank's capital structure.

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Husein Industries Maintains Stable Prices with No Dividend Announced

May 2, 2024 Business & Finance News

Karachi, Husein Industries (HUSEIN) sustained a stable market with a closing rate of PKR 17.50. The company, which did not announce any dividend, shows a daily weighted average price of PKR 17.50. The turnover reached 887,500 shares. Husein Industries...

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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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