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WorldCall Telecom Ltd Records Negative Earnings

March 26, 2024 Business

Karachi, WorldCall Telecom Ltd, enduring its market presence since 2005 in the Technology and Communication sector of the PSE, disclosed a negative EPS of Rs 0.31*. This performance aligns with a broader trend of financial challenges within the sector...

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HBL Growth Fund Announces 12% Distribution for 2024

March 26, 2024 Business

Karachi, The HBL Growth Fund - (A) NC, listed on the Pakistan Stock Exchange under the symbol HGFA, announced a distribution of 12% for the year ending in 2024. The fund, which has been a part of the stock exchange since 1980, has shown a consistent p...

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JS Fund of Funds Reports Distributions, Reflecting Steady Performance

March 26, 2024 Business

Karachi, The Pakistan Stock Exchange disclosed financial details for the JS Fund of Funds, revealing a distribution of Rs 4.00 per unit for the year ending in June. The fund, which listed in 2015, posted an offer price of 93.15 and a redemption price ...

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Next Capital Limited Faces Challenges with Negative Earnings Report

March 26, 2024 Business

Karachi, Next Capital Limited (NEXT), an investment company listed since 2012, reported a downturn in its financial performance for the year ending February 2024. The company disclosed an earnings per share (EPS) of Rs. (1.71), indicating a challengin...

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HBL Islamic Equity Fund Sees Significant Distribution

March 26, 2024 Business

Karachi, The HBL Islamic Equity Fund has announced a substantial 27.00% distribution for the year ending in June 2022, as per the latest financial disclosures to the Pakistan Stock Exchange (PSE). However, no distributions were reported for 2023. The ...

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B.F. Modaraba Faces Downward Trend with Negative Earnings

March 26, 2024 Business

Karachi, B.F. Modaraba (BFMOD), a veteran in the Modaraba sector since 1989, revealed a negative earnings per share of Rs (0.80) for the year ending January-February 2024. The company, holding a paid-up capital of Rs 75.15 million, did not announce an...

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Askari Bank Ltd. Elevates Dividend Amid Positive Financial Performance

March 26, 2024 Business

Karachi, Askari Bank Ltd. (AKBL) has announced an increase in its dividend distribution for the year 2024, setting the rate at 25%, an improvement from the 15% bonus distribution reported in 2023. The bank's daily weighted average share price was reco...

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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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