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Mari Petroleum’s Financial Performance Highlights Robust Growth

April 4, 2024 Business & Finance News

Islamabad, Mari Petroleum Co. Ltd. (MARI) has announced a substantial increase in its distribution rates, demonstrating a robust financial performance in the market. For the January-March 2024 period, MARI showcased an impressive earnings per share (E...

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Fecto Cement Ltd. Reports Steady Earnings with No Dividend Issuance

April 4, 2024 Business & Finance News

Islamabad, Fecto Cement Ltd. has shared its financial outcomes, showcasing an EPS of Rs. 29.01 for the January-March 2024 quarter. Despite these earnings, the company has not declared any dividends for this period. The stable EPS amidst a lack of di...

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National Refinery Ltd. Holds Dividend Distribution Constant

April 4, 2024 Business & Finance News

Karachi, National Refinery Ltd. (NRL), a key player since 1964 in the refinery sector, recorded a daily rate of Rs. 289.06 with an average of Rs. 284.29. Despite a significant dividend distribution of 150% in the previous year, NRL announced no divide...

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NI(U)T Fund Announces Financial Figures for the Year

April 4, 2024 Business & Finance News

Karachi, The NI(U)T Fund has made public its financial performance for the year, showcasing an offer price of 67.95 against a redemption price of 65.97. The fund, with a legacy dating back to 1964, declared distributions of Rs 4.50 per unit for 2022 a...

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Habib Rice Products Announces Increase in Dividend to 70%

April 4, 2024 Business & Finance News

Karachi, Habib Rice Products Ltd., trading as HRPL, has raised its dividend to 70% for the year 2024, from 40% in the previous year. The company, which entered the market in 1982, reported a promising EPS of Rs. 35.61 for the first quarter of 2024. Wi...

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AKD Opportunity Fund Announces Significant Gains

April 4, 2024 Business & Finance News

Karachi, Established in 2006, the AKD Opportunity Fund reported a substantial distribution of 26.00% for the year ending June 2023. The offer and redemption prices were noted at 111.34 and 108.1, respectively, highlighting a significant financial year...

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JDW Sugar Mills Ltd. Announces Remarkable Dividend Increase

April 4, 2024 Business & Finance News

Karachi, JDW Sugar Mills Ltd. (JDWS) disclosed a significant rise in its dividend payout, marking a substantial increase from 275% in 2022 to 400% in 2023. The market reacted positively to the news, with JDWS's stock reaching a high rate of Rs. 577.77...

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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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