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Adam Sugar Mills Reports Modest Profit and Dividend for 2024

March 22, 2024 Business

Karachi, Adam Sugar Mills Ltd. (ADAMS) disclosed its financial outcomes for the year ending 2024, with a slight increment in its dividend to 15% from the previous year's 25%. The company achieved an earnings per share (EPS) of Rs. 5.86, indicating a p...

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ABL Income Fund Provides Stable Returns to Investors

March 22, 2024 Business

Karachi, The ABL Income Fund, operational since 2008 on the Pakistan Stock Exchange, declared a distribution of Rs 0.3588 per unit for the fiscal year ending in June 2023. The fund, with an offer price of 10.38 and a redemption price of 10.21, achieve...

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Service Textiles Industries Ltd. Reports Loss and No Dividend Declaration

March 22, 2024 Business

Karachi, Service Textiles Industries Ltd. (SERT) has revealed a financial loss with an earnings per share of -11.45 for the January-February 2024 period. The company has not announced any dividend or bonus for its shareholders. The trading showed a da...

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Alfalah GHP Alpha Fund Reports Distribution Amidst Competitive Market

March 22, 2024 Business

Karachi, The Alfalah GHP Alpha Fund, with an aim to achieve long-term capital appreciation, has announced a 4.34% distribution for the year ending June 2022. The Fund, which was listed in 2008, did not report any distribution for the following year, r...

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HBL Investment Fund – A Steady Performer in the Mutual Fund Market

March 22, 2024 Business

Karachi, The HBL Investment Fund, identified by the symbol HIFA, has maintained a steady presence in the mutual fund market with its latest announcement of a 4% distribution for the year. The fund, with a paid-up capital of 2,841.25 million Rupees, ex...

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Redco Textiles Ltd. Announces Closure of Transfer Books for Upcoming Week

March 22, 2024 Board Meetings

Islamabad, Redco Textiles Ltd. has informed its stakeholders that the company's transfer books will be closed from March 28, 2024, to April 4, 2024. This period is designated for administrative purposes related to the company's operations. No dividend...

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Azgard Nine Ltd. Announces Share Transfer Book Closure

March 22, 2024 Board Meetings

Lahore, Azgard Nine Ltd. has informed the Pakistan Stock Exchange about its book closure dates, scheduled from March 26, 2024, to April 3, 2024. The company, a prominent entity in the textile sector, will halt share transfers for this period to update...

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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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