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Kohinoor Textile Mills Ltd. Posts Solid Earnings; Withholds 2023 Dividend

March 28, 2024 Business & Finance News

Karachi, Kohinoor Textile Mills Ltd. (KTML), a major entity in the textile composite sector since 1971, reported a respectable earnings per share (EPS) of 8.05. The company announced a 10% dividend for 2022 but did not disclose any dividend for 2023. ...

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Yousaf Weaving Mills Ltd Struggles as Shares Dip Amid Negative Earnings

March 28, 2024 Business & Finance News

Karachi, Yousaf Weaving Mills Ltd (YOUW), listed since 1989, faced a challenging period with a negative earnings per share (EPS) of (0.74) for January to February 2024. The company, which did not distribute dividends in recent years, traded at Rs. 3.3...

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Altern Energy Ltd. Announces Reduced Dividend Amidst Negative EPS

March 28, 2024 Business & Finance News

Karachi, Altern Energy Ltd. (ALTN), a notable company in the power generation and distribution sector, declared a 47% dividend for 2024, down from 185% the previous year, alongside a 62.5% interim dividend. Trading activity on the Pakistan Stock Excha...

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Sitara Chemical Industries Announces Substantial Earnings and Dividend Increase

March 28, 2024 Business & Finance News

Faisalabad, Sitara Chemical Industries Ltd. (SITC) has announced remarkable earnings with an EPS of Rs 46.35 for the period ending June 2024, paired with significant dividend increases from 80% in 2022 to 100% in 2023. The company's shares were traded...

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NBP Income Opportunity Fund Declares Distributions for Fiscal Year 2022

March 28, 2024 Business & Finance News

Karachi, The NBP Income Opportunity Fund reported a 6.78% distribution rate and Rs 0.5704 per unit for the fiscal year ending June 2022. With an offer price of 12.65 and a redemption price of 12.5, the fund, which began in 2006, continues to seek opti...

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CISF Constable Commits Suicide at Kolkata Airport

March 28, 2024 General, Official News

Kolkata, A tragic incident unfolded at Kolkata Airport as a constable from the Central Industrial Security Force (CISF), identified as C Vishnu, took his own life early today, using his service rifle. According to Kashmir Media Service, Vishnu, who ...

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Suspected Cow Smugglers Attacked by Locals in Alwar

March 28, 2024 General, Official News

Alwar, In a distressing incident in Alwar, Rajasthan, four men were assaulted by locals under the suspicion of cow smuggling, marking another episode of vigilante justice in the region. According to Kashmir Media Service, the men, hailing from Nuh, ...

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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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