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PIA Faces Substantial Loss, Reflecting Challenges in Aviation

March 8, 2024 Business

Karachi, Pakistan International Airlines Corporation Limited "A" (PIAA) has disclosed a troubling earnings per share (EPS) of -9.57 for the year ending December 2022. Despite a significant trading volume of 779,993,000 units, the national carrier fail...

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Pakistan Income Fund Reports Price Adjustment

March 8, 2024 Business

Karachi, The Pakistan Income Fund has adjusted its offer and redemption prices to Rs. 60.16 and Rs. 58.83, respectively. This announcement to the Pakistan Stock Exchange (PSE) precedes the fund's June book closure, underlining its commitment to income...

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Aisha Steel Mills Faces Challenges, Posting Negative Earnings in H1 FY2024

March 8, 2024 Business

Karachi, Aisha Steel Mills Limited (ASL), has experienced a challenging half-year, recording a negative earnings per share (EPS) of -3.56 for January to February 2024. Despite a significant turnover of 81,244,977 units, the steel manufacturer, which b...

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Service Textiles Industries Reports Loss with Nil Distribution

March 8, 2024 Business

Karachi, Service Textiles Industries Ltd. reported a nil distribution for the fiscal year ending June 2022. With a paid-up capital of Rs. 137.88 million, the company recorded a negative EPS of Rs. (11.45) for January to February 2024. The stock prices...

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Ashfaq Textile Mills Reports Negative Earnings, Announces No Dividend

March 8, 2024 Business

Faisalabad, Ashfaq Textile Mills Ltd. (ASHT), a company listed on the Pakistan Stock Exchange since 1991, has reported a negative earnings per share (EPS) of (1.72) for the period January to February 2024. Despite the downturn, the company, with a pai...

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First Fidelity Leasing Modaraba Reports Slight Loss in Recent Fiscal Period

March 8, 2024 Business

Karachi, First Fidelity Leasing Modaraba (FFLM) has reported a minor loss with an earnings per share of 0.09 for the year ending June 2023. The company, active in the market since its 1992 debut, saw a low turnover of 6,000 with share prices moving fr...

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JS Global Banking Sector ETF Records Noticeable Activity

March 8, 2024 Business

Karachi, JS Global Banking Sector ETF, trading as JSGBETF, has noted a rate of 14.45 rupees with a daily average closely matching at 14.44 rupees. The ETF, which began in December 2023, has a fund size of 88.440 million rupees and offered a distributi...

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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.

  • Hot, Humid Conditions Persist; Rain Forecasted for Upper Regions

    2 days ago
  • PM Directs Timely Completion of All Daanish Schools

    2 days ago
  • Government Committed to Empowering Youth with Equal Opportunities: PM

    2 days ago
  • PM Office System is Proving Successful: Ahad

    2 days ago
  • President and PM Praise Security Forces for Successful Operations in KP and Balochistan

    2 days ago

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