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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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Stylers International Limited Withholds Financial Performance Data for 2024

March 29, 2024 Business & Finance News

Karachi, Stylers International Limited, trading as STYLERS on the Pakistan Stock Exchange, has not disclosed its earnings for the year 2024. With a significant paid-up capital of Rs. 4,352.87 million, the company's financial performance details remain...

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United Bank Limited Sets Next Coupon Date for Its Perpetual TFC

March 29, 2024 Business & Finance News

Karachi, United Bank Limited has finalized the details of its Tier-I Term Finance Certificates (TFCs), identified as UBLTFC5, with a perpetual tenor. These TFCs have been introduced with a profit rate formula of 3M KIBOR + 1.55%, a market lot of 1, an...

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Matco Foods Limited Announces Dividend Amid Positive Earnings Growth

March 29, 2024 Business & Finance News

Karachi, Matco Foods Limited (MFL), part of the Food & Personal Care Products sector on the Pakistan Stock Exchange, declared a 15% dividend for its shareholders for the fiscal year 2023/2024. The company, which was listed in 2018, has shown a...

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Rafhan Maize Products Company Limited Announces AGM and Book Closure Dates for Dividend Distribution

March 29, 2024 Board Meetings

Faisalabad, Rafhan Maize Products Company Limited has communicated to the Pakistan Stock Exchange the dates for its transfer books closure, set from April 16, 2024, to April 22, 2024, to facilitate the dividend distribution process. The company has al...

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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.

  • Mainly Hot, Humid Weather Expected Across the Country

    2 days ago
  • Pakistan Seeks Strategic Economic Partnership with KSA: PM

    2 days ago
  • Pakistan Railways, KP Govt Sign Framework Agreement on Railway Projects

    2 days ago
  • Aurangzeb Reaffirms Govt’s Focus on Economic Reforms

    2 days ago
  • UNICEF Commends Pakistan Customs for Humanitarian Efforts

    2 days ago

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