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Engro Powergen Qadirpur Reports Solid Performance with Strong Distribution

March 8, 2024 Business

Karachi, Engro Powergen Qadirpur Ltd., under the ticker EPQL, announced an 80% distribution for the year, alongside a previous 50% distribution. The company's shares reached a high of Rs. 34.34 and a low of Rs. 26.91, with the daily weighted average r...

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Habib Bank Limited Offers Perpetual Debt Securities with Next Coupon in March 2024

March 8, 2024 Business

Karachi, Habib Bank Limited has issued HBLTFC3, perpetual debt securities, marking a significant addition to its financial instruments. With a market lot of 1 and a face value of Rs. 100,000, these securities carry a profit rate of 3M KIBOR + 2.00%. T...

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Ghani Global Glass Ltd Posts Positive EPS Amid No Distributions

March 8, 2024 Business

Karachi, Ghani Global Glass Ltd reported a positive EPS of Rs. 0.42 for January to February 2024, despite not declaring any distributions for the fiscal year ending June 2022. With a paid-up capital of Rs. 2,400.00 million, the company's shares traded...

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United Bank Limited Introduces Perpetual Tier-I TFC with Competitive KIBOR Plus Rate

March 8, 2024 Business

Karachi, United Bank Limited has issued a perpetual Tier-I Term Finance Certificate, UBLTFC5, featuring a profit rate based on 3M KIBOR +1.55%. With an issue size of Rs. 10,000,000,000, the bank has maintained the full amount outstanding to support it...

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International Steels Announces Dividend After Solid Financial Performance

March 8, 2024 Business

Karachi, International Steels Ltd. (ISL) reported a successful fiscal year with an earnings per share of 8.09, declaring a 65% dividend followed by a 55% distribution and a 25% interim dividend. The company saw substantial trading activity, with a tur...

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UBL Income Opportunity Fund Reports New Financial Figures

March 8, 2024 Business

Karachi, The UBL Income Opportunity Fund has released new financial figures, setting the offer price at 121.15 rupees and the redemption price at 119.13 rupees. Since its inception in 2013, the fund continues to adapt its financial strategies to meet ...

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Pak Oman Islamic Asset Allocation Fund Adjusts Financial Figures

March 8, 2024 Business

Karachi, Revealing its latest financial figures to the Pakistan Stock Exchange (PSE), the Pak Oman Islamic Asset Allocation Fund has updated its offer and redemption prices to Rs. 43.83 and Rs. 42.62, respectively. These adjustments, made in anticipat...

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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

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

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

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

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

    2 days ago

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