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Pak-Gulf Leasing Company Reports Increase in Distribution for 2024

April 4, 2024 Business & Finance News

Karachi, Pak-Gulf Leasing Company (PGLC) has announced an increase in its financial distributions for 2024, offering a 35% interim plus a 95% bonus, a significant rise from the 10% distributed in the previous year. The company, with a paid-up capital ...

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Ibrahim Fibres Stands Out with Exceptional Quarterly Earnings

April 4, 2024 Business & Finance News

Karachi, Ibrahim Fibres Ltd. (IBFL), recognized for its substantial contributions to the synthetic and rayon industry, reported an EPS of Rs. 346.8 for the January to March 2024 period. With a share price set at Rs. 350.00, the company managed a turno...

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Sana Industries Announces Significant Dividend Amid Strong Earnings

April 4, 2024 Business & Finance News

Karachi, Sana Industries Ltd. (SNAI), listed on the Pakistan Stock Exchange, reported a robust performance in the first quarter of 2024 with an earnings per share (EPS) of Rs 20.5. Despite a consistent market price of Rs 21.99 throughout the day, the ...

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Mirpurkhas Sugar Mills Limited Sets Terms for Rights Issue

April 4, 2024 Business & Finance News

Karachi, Mirpurkhas Sugar Mills Limited has announced the issuance of rights shares with trading set to commence on April 8, 2024. The deadline for trading these rights is April 29, 2024, while the last date for payment or renunciation is May 7, 2024....

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UBL Capital Protected Fund – III Reports Minimal Distribution for 2023

April 4, 2024 Business & Finance News

Karachi, The UBL Capital Protected Fund - III, with a listing year of 2017, reported a distribution of 0.49% for 2023, a decrease from 1.55% in the prior year. The offer and redemption prices stood at Rs 102.3 and Rs 99.23 respectively.

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Crescent Cotton Mills Confirms 7.5% Distribution to Shareholders

April 4, 2024 Business & Finance News

Karachi, Crescent Cotton Mills Ltd, a prominent name in the textile spinning industry, has declared a 7.5% distribution for its shareholders. With a closing rate of PKR 99.00, the company showcases its solid financial health amid challenging market co...

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Century Insurance Reports Strong Growth and High Dividend

April 4, 2024 Business & Finance News

Karachi, Century Insurance Co. Ltd. (CENI) has reported an impressive earnings per share of 20.01 rupees for the first quarter of 2024. The company, which has been part of the Pakistan Stock Exchange since 1989, announced a 45% dividend for its shareh...

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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.

  • Met Office Predicts Hot and Dry Spell Across the Country

    2 days ago
  • DPM Expresses Grief Over Shooting Incident in Washington

    2 days ago
  • Pakistan-China Ties Remain Cornerstone of Foreign Policy, Says President Zardari

    2 days ago
  • CM Sindh Visits Red Line BRT Project in Karachi

    2 days ago
  • President Asif Ali Zardari Arrives in Changsha for Strategic Visit to China

    2 days ago

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