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UBL Liquidity Plus Fund Reports Steady Returns in 2022

March 28, 2024 Business & Finance News

Karachi, The UBL Liquidity Plus Fund announced a 6.08% distribution rate for the fiscal year ending June 2022, compared to a 5.80% rate in the previous year. Maintaining both its offer and redemption prices at 101.44, the fund is designed to provide i...

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UBL Growth and Income Fund Remains Unreported

March 28, 2024 Business & Finance News

Karachi, The UBL Growth and Income Fund, including its Growth Unit, has not listed specific offer or redemption prices for the primary fund, with the Growth Unit indicating offer and redemption prices of 98.27 and 96.63 respectively for June 2022. ...

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Pak Oman Advantage Asset Allocation Fund Reports No Distributions for Fiscal Year 2022

March 28, 2024 Business & Finance News

Karachi, The Pak Oman Advantage Asset Allocation Fund, with an offer price of 45.58 and a redemption price of 44.33 for the fiscal year ending June 2022, did not declare any distributions. Since its listing on June 28, 2021, the fund has been focused ...

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Power Cement Ltd Faces Challenges With Negative Earnings

March 28, 2024 Business & Finance News

Karachi, Power Cement Ltd (POWER), part of the cement sector, reported a minor setback with an earnings per share (EPS) of Rs. (0.19) for the year ending June 2023. Despite the negative earnings, POWER's shares saw significant trading activity at Rs. ...

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Ghazi Fabrics International Confronts Challenges with Negative Earnings

March 28, 2024 Business & Finance News

Karachi, Ghazi Fabrics International Ltd. (GFIL) faced hurdles, as reflected in its negative earnings per share (EPS) of Rs (14.00) for JanuaryFebruary 2024. The company's share price remained unchanged at Rs 6.52, indicating a static market presence....

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Colgate-Palmolive (Pakistan) Announces Substantial Dividend Amid Impressive Earnings

March 28, 2024 Business & Finance News

Karachi, Colgate-Palmolive (Pakistan) (COLG), a leading name in the chemical and consumer goods industry, announced a substantial dividend of 650% and a 145% bonus for 2024, following a generous distribution in the previous year. The company’s stock t...

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Engro Polymer and Chemicals Records Strong Earnings Amidst Dividend Declarations

March 28, 2024 Business & Finance News

Karachi, Engro Polymer and Chemicals Ltd. (EPCL) reported an EPS of Rs 12.39* for the year ending December 2023. The company, whose shares traded at Rs 45.54, declared a 125% dividend in 2022 and a reduced 60% in 2023. Engro Polymer, with a massive ...

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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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