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Popular Islamic Modaraba Shows Varied Dividend Rates Amid Undisclosed Earnings

March 28, 2024 Business & Finance News

Karachi, In the recent financial disclosures, Popular Islamic Modaraba (PIM) has not specified its earnings for the JanuaryFebruary 2024 period. Trading at Rs. 11.30, with a daily weighted average rate of Rs. 12.25, the company announced dividends of ...

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International Steels Ltd Maintains Positive Earnings and Consistent Dividend Payouts

March 28, 2024 Business & Finance News

Karachi, International Steels Ltd. (ISL) declared an earnings per share of Rs 8.09 for the period ending June 2024. The company announced a 65% dividend for 2022 and 55% for 2023, with a 25% interim dividend. Trading at Rs 66.65, the company saw a hig...

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Attock Petroleum Ltd. Announces Substantial Dividend Amid Stellar Earnings

March 28, 2024 Business & Finance News

Karachi, Attock Petroleum Ltd. (APL), a leading firm in the oil and gas marketing sector, declared a significant 275% dividend for 2024, following a notable 450% dividend with a 25% bonus in the previous year. The company's stock experienced vigorous ...

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Pakistan Income Fund Distributes Returns to Investors

March 28, 2024 Business & Finance News

Karachi, The Pakistan Income Fund, operational since 2002, has announced a distribution of Rs 3.54 per unit for the year ending in June. With an offer price of Rs 60.16 and a redemption price of Rs 58.83, the fund continues to focus on income generati...

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NBP Islamic Income Fund Positioned for Steady Growth

March 28, 2024 Business & Finance News

Karachi, Since its inception in 2020, the NBP Islamic Income Fund has been strategically priced at Rs 11.77 for offering and Rs 11.64 for redemption, focusing on income generation in accordance with Islamic financial regulations. The fund has not anno...

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NAFA Islamic Active Allocation Fund Introduces Multiple Investment Plans

March 28, 2024 Business & Finance News

Karachi, The NAFA Islamic Active Allocation Fund has expanded its suite of investment options with the introduction of several plans, catering to a variety of investor needs. This includes the NAFA Islamic Active Allocation Plan-VIII, with a notable r...

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Dewan Farooque Spinning Faces Setback with Negative Earnings

March 28, 2024 Business & Finance News

Karachi, Dewan Farooque Spinning (DFSM) reported a downturn in its financial performance, with a negative earnings per share (EPS) of Rs (2.93) for the period ending June 2024. The company did not declare any distributions for the years 2022 and 2023,...

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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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