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Habib Bank Limited Introduces Perpetual TFC to Strengthen Capital Base

March 29, 2024 Business & Finance News

Karachi, Habib Bank Limited has announced the issuance of a Perpetual Tier-I Term Finance Certificate (TFC), HBLTFC2, with an objective to expand its capital foundation. This financial instrument is designed to have a perpetual tenure, highlighting th...

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Habib Metropolitan Bank Announces Dividend and Auditor Reappointment in Annual General Meeting

March 29, 2024 Business & Finance News

Karachi, In a significant development for its shareholders, Habib Metropolitan Bank Limited conducted its 32nd Annual General Meeting on March 28, 2024, at Karachi during which a series of crucial resolutions were passed. The meeting saw the adoption ...

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Mahmood Textile Mills Ltd Announces Substantial Earnings and Bonus

March 29, 2024 Business & Finance News

Karachi, Mahmood Textile Mills Ltd, trading under MEHT, disclosed an impressive earnings per share of Rs. 40.06 for January-February 2024, accompanied by a 100% distribution and a 60% bonus for the 2022-2023 fiscal year. The company’s share reached a ...

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Rupali Polyester Reports Loss, No Dividend Announced

March 29, 2024 Business & Finance News

Karachi, Rupali Polyester Ltd. (RUPL), active in the synthetic and rayon sector, faced a challenging financial period for Jan-Feb 2024, according to details from the Pakistan Stock Exchange (PSE). The company's shares were traded at a daily weighted a...

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Idrees Textile Mills Ltd Faces Financial Challenges

March 29, 2024 Business & Finance News

Karachi, Idrees Textile Mills Ltd. (IDRT) has reported a challenging financial period, as evidenced by its latest announcement to the Pakistan Stock Exchange. The company's earnings per share (EPS) for January-February 2024 stood at a negative 0.63, i...

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Millat Tractors Ltd. Announces Significant Dividends Amidst Strong Earnings

March 29, 2024 Business & Finance News

Karachi, Millat Tractors Ltd. (MTL), a leading manufacturer in the agricultural sector, declared a 650% dividend for its shareholders, with an interim dividend of 250%. The company's earnings per share (EPS) for January to February 2024 stood at Rs. 1...

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Ghazi Fabrics International Ltd Reports Loss in Latest Financial Year

March 29, 2024 Business & Finance News

Karachi, Pakistan Stock Exchange announced today that Ghazi Fabrics International Ltd (GFIL) experienced a significant loss in the financial year ending January-February 2024. The company, listed in 1992 with a paid-up capital of 326.36 million rupees...

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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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