Karachi, TPL Insurance Ltd. (TPLI) has announced a notable 30% dividend, showcasing robust growth. The company's EPS increased to 9.41, indicating strong profitability. The stock traded at an average rate of 14.33, reflecting investor confidence in TP...
Read More »Bank Makramah Limited Announces Additional Rights Issue
Karachi, In a separate filing, Bank Makramah Limited has also proposed another rights issue at a rate of 11.2443%. This announcement comes alongside their 65% rights issue, reflecting the bank's strategic efforts to bolster its capital structure throu...
Read More »UBL Asset Allocation Fund Sees No Distribution in 2023
Karachi, Listed in 2013, the UBL Asset Allocation Fund announced no distribution for the year ending June 2023, following a 7.34% distribution in the previous year. The fund's offer and redemption prices were reported at Rs 178.75 and Rs 172.89, respe...
Read More »Pak-Gulf Leasing Company Reports Increase in Distribution for 2024
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 ...
Read More »Ibrahim Fibres Stands Out with Exceptional Quarterly Earnings
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...
Read More »Sana Industries Announces Significant Dividend Amid Strong Earnings
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 ...
Read More »Mirpurkhas Sugar Mills Limited Sets Terms for Rights Issue
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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