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Shams Textile Mills Ltd. Faces Challenging First Quarter

April 26, 2024 Business & Finance News

Karachi, Shams Textile Mills Ltd. (STML) reported no distributions for the year ending June 2024, consistent with the previous year's performance. The company faced a difficult quarter, with an EPS of Rs. (17.74) and share prices ranging between Rs. 1...

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Pakistan Stock Exchange Reports Positive Growth and Increased Activity

April 26, 2024 Board Meetings

Karachi, The Pakistan Stock Exchange (PSE) has demonstrated substantial growth and activity, as shown in its latest market report for April 26, 2024. The market has seen a rise in indices, increased trading volumes, and an overall positive change in v...

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Escorts Investment Bank Limited Reports Earnings for Q1 2024

April 26, 2024 Business & Finance News

Karachi, Escorts Investment Bank Limited (ESBL), listed on the Pakistan Stock Exchange, reported earnings per share (EPS) of Rs. 5.24 for the first quarter of 2024, a decline from the previous year's figure of Rs. 0.36. Today's trading saw the bank's ...

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Property Sector Demonstrates Vitality with Strong Trading Figures

April 26, 2024 Business & Finance News

Karachi, The Property sector displayed a vigorous market presence, with a turnover of 4,260,749 and an index increase of 165.50 points, concluding at 7,912.95. The data reflects heightened investor activity and confidence in the sector.

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Janana De Malucho Textile Mills Cancels Extraordinary General Meeting Amid Local Unrest

April 26, 2024 Business & Finance News

Karachi, Janana De Malucho Textile Mills Limited announced today that it has cancelled its upcoming Extraordinary General Meeting (EGM) originally scheduled for May 18, 2024. The decision, communicated via a formal notification to the Pakistan Stock E...

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Kohinoor Energy Ltd. Delivers Strong Financial Performance

April 26, 2024 Business & Finance News

Karachi, Kohinoor Energy Ltd. (KOHE) declared a final dividend of 157.5% and an interim dividend of 95%, with an additional 105% bonus issue for the fiscal year ending in June 2024. The company reported an EPS of Rs 9.29 for the January-March quarter....

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Cherat Cement Co. Ltd. Sees Increment in Earnings and Stable Distributions

April 26, 2024 Business & Finance News

Karachi, Cherat Cement Co. Ltd. (CHCC) has recorded a consistent performance with its shares ending today at Rs. 166.19 and achieving a high of Rs. 173.5. The company announced a 30% distribution for the current year, maintaining a steady approach fro...

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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.

  • Hot, Humid Weather Expected Across Major Regions of the Country

    2 days ago
  • PM Urges Religious Scholars to Combat Sectarianism and Extremism Among Youth

    2 days ago
  • Initial Reports Indicate Short Circuit Caused PIMS Hospital NICU Fire: Tariq

    2 days ago
  • Dar Reiterates Pakistan’s Commitment to Commonwealth

    2 days ago
  • Pak Army Organizes Free Medical Camp in Rawalakot Amid Protests

    2 days ago

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