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AN Textile Mills Limited Announces New Chief Executive Officer

April 1, 2024 Business & Finance News

Islamabad, In a significant corporate development, AN Textile Mills Limited has announced the appointment of Mr. Aizad Amer as its new Chief Executive Officer. The appointment, effective from March 30, 2024, comes as a part of the company's compliance...

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Fauji Cement Co. Ltd. Announces Modest Dividend

April 1, 2024 Business & Finance News

Rawalpindi, Fauji Cement Co. Ltd. (FCCL) has announced a modest dividend for its shareholders. The company's EPS was recorded at 16.2 for the first quarter of 2024. With a paid-up capital of Rs. 24,528.47 million, FCCL reported a 12.5% dividend, marki...

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Jahangir Siddiqui & Co. Maintains Dividend Pause

April 1, 2024 Business & Finance News

Karachi, Jahangir Siddiqui & Co. Ltd has announced that there will be no dividend payment to its shareholders for the upcoming schedule from April 18, 2024, to April 25, 2024. The closure of transfer books will occur on April 25, 2024, at 10:00, affec...

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Telecard Limited’s TFC Matures

April 1, 2024 Business & Finance News

Karachi, Telecard Limited's Term Finance Certificate offering, TELETFC, which had a tenure of six years and an interest rate pegged at 3M KIBOR + 0%, has reached its maturity. The company had issued these certificates with a total size of PKR 2.4 bill...

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Janana De Malucho Textile Mills Limited Reports No Dividend for 2024

April 1, 2024 Business & Finance News

Karachi, In a recent financial announcement to the Pakistan Stock Exchange, Janana De Malucho Textile Mills Limited (JDMT) declared no dividend for the fiscal year ending March 2024. The company, listed since 1962 and operating in the textile spinning...

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Crescent Textile Mills Maintains Steady Dividend Amid Market Fluctuations

April 1, 2024 Business & Finance News

Faisalabad, Crescent Textile Mills Ltd. (CRTM), a stalwart in the textile industry since 1959, has maintained its dividend at 10% for the second consecutive year. The company's daily weighted average rate was recorded at Rs. 14.04, with a closing rate...

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Unilever Pakistan Foods Ltd. Reports Dramatic Dividend Increase

April 1, 2024 Business & Finance News

Karachi, Unilever Pakistan Foods Ltd. has announced a dramatic increase in its dividend for 2024, setting it at 4290%, up from 2870% in the previous year. The company's rate was reported at Rs. 21,000, with a turnover of Rs. 63.70 million. This signif...

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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.

  • Hot, Humid Conditions Persist; Rain Forecasted for Upper Regions

    2 days ago
  • PM Directs Timely Completion of All Daanish Schools

    2 days ago
  • Government Committed to Empowering Youth with Equal Opportunities: PM

    2 days ago
  • PM Office System is Proving Successful: Ahad

    2 days ago
  • President and PM Praise Security Forces for Successful Operations in KP and Balochistan

    2 days ago

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