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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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Shabbir Tiles & Ceramics Ltd Declares Dividend Amid Market Fluctuations

April 1, 2024 Business & Finance News

Karachi, Shabbir Tiles & Ceramics Ltd (STCL) announced a 15% cash dividend, reflecting its financial stability and commitment to shareholder returns. The stock closed at PKR 14.00 with an EPS of PKR 11.75, indicating resilient operational performa...

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Philip Morris (Pakistan) Limited Schedules Book Closure Without Dividend

April 1, 2024 Business & Finance News

Karachi, Philip Morris (Pakistan) Limited has announced its book closure from April 19, 2024, to April 25, 2024. No dividend will be issued during this period. The announcement is part of routine administrative processes, with the closure set for 11:0...

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United Insurance Co. of Pakistan Ltd. Declares 10% Final Dividend, Announces Book Closure

April 1, 2024 Business & Finance News

Karachi, United Insurance Co. of Pakistan Ltd. has declared a 10% final dividend to its shareholders, as notified to the Pakistan Stock Exchange (PSE). The company's transfer books will be closed from April 20, 2024, to April 29, 2024, to facilitate t...

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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.

  • Highly Educated Women in Balochistan Making Strides in Legal Profession

    3 days ago
  • SCO Activates Trial 5G Services Across Seven Locations in AJK, GB

    3 days ago
  • Afghan Soil Must Not Be Used for Terrorism: DG ISPR

    3 days ago
  • Kohat Blast Exposes Use of Afghan Soil for Terrorism

    3 days ago
  • Pakistan Calls for Sustained Support for UN Peacekeeping Operations

    3 days ago

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