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Hinopak Motors Limited Reports Low Earnings; No Dividend Announced

March 29, 2024 Business & Finance News

Karachi, Hinopak Motors Ltd (HINO), a significant player in Pakistan's automotive industry, reported an earnings per share (EPS) of Rs. 0.65 for January to February 2024. The company, which has not declared any dividends for the current fiscal year, s...

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UBL Money Market Fund Reports Distributions for Fiscal Years 2022 and 2023

March 29, 2024 Business & Finance News

Karachi, The UBL Money Market Fund announced its financial distributions, showing a decrease from 5.40% in 2022 to 5.14% in 2023. The offer price was recorded at 109.87, with a redemption price of 108.64. Since its listing in 2014, the fund has aimed ...

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Diamond Industries Ltd Faces Financial Struggles

March 29, 2024 Business & Finance News

Karachi, Diamond Industries Ltd (DIIL), with a paid-up capital of Rs. 90 million and listed on the Pakistan Stock Exchange in 1995, has experienced financial difficulties, reporting a loss of Rs. 4.85 per share for the current fiscal period. The compa...

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Shifa International Hospitals Ltd Insider Trading Activity Reported

March 29, 2024 Business & Finance News

Islamabad, The Pakistan Stock Exchange has announced significant insider trading activity at Shifa International Hospitals Ltd, involving senior management figures. This development comes following the regulatory requirement for executives and substan...

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Pakistan Services Ltd Faces Decline with Negative Earnings

March 29, 2024 Business & Finance News

Karachi, Pakistan Services Ltd (PSEL), a veteran in the services sector since 1964, reported a negative earnings per share (EPS) of Rs. (6.71) for January-February 2024. The company’s daily weighted average rate stood at Rs. 982.81, with a turnover of...

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Engro Polymer & Chemicals Announces Key Resolutions and Financial Decisions

March 29, 2024 Business & Finance News

Karachi, At the 26th Annual General Meeting of Engro Polymer & Chemicals Limited, several pivotal resolutions were adopted, impacting the company's financial and operational direction for the upcoming year. The members ratified the Annual Audited Fi...

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Soneri Bank Ltd. Reports Positive Financial Performance

March 29, 2024 Business & Finance News

Karachi, Soneri Bank Ltd. (SNBL) has posted a positive earnings per share of 1.71 for the January-February 2024 period, along with declaring a 10% distribution for 2022 and a 30% for 2023. The bank, a fixture on the Pakistan Stock Exchange since 1992,...

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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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