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IGI Holdings Ltd. Announces Impressive Dividends and Strong Earnings

February 16, 2024 Uncategorized

Karachi, IGI Holdings Ltd. (IGIHL) has announced notable dividends and strong earnings for the period. The company, with a paid-up capital of Rs. 1,426.31 million, closed its stock at Rs. 110.93. IGIHL distributed a 42.50% dividend along with a 20% in...

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Crescent Steel & Allied Products Announces Modest Earnings and Dividend

February 16, 2024 Uncategorized

Karachi, Crescent Steel & Allied Products (CSAP), a key entity in the engineering sector, has declared an EPS of Rs. 2.28 for the year ending January 2024. The company's shares were traded at a daily weighted average price of Rs. 43.02, slightly ...

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Allied Capital Protected Fund Announces Redemption Distributions

February 16, 2024 Uncategorized

Karachi, The Allied Capital Protected Fund announced redemption distributions of Re 0.2715 per unit for June 2023. This information, provided by the Pakistan Stock Exchange, indicates the fund's financial activities since its listing in 2018. Offer pr...

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Redco Textiles Ltd. Reports Annual Financial Results

February 16, 2024 Uncategorized

Karachi, Redco Textiles Ltd. (REDCO) announced its financial results for the year, with an earnings per share of Rs. 1.58. The company did not declare any distributions for the year. Redco Textiles' today's rate stood at Rs. 5.68, with a paid-up capit...

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BMA Chundrigar Road Savings Fund Experiences Fluctuations in Pricing

February 16, 2024 Uncategorized

Karachi, The BMA Chundrigar Road Savings Fund, established in 2007, recorded an offer price of Rs. 8.13 and a slightly lower redemption price of Rs. 8.05 in June. The fund distributed 5.46%, amounting to Rs 0.42 per unit in 2022 and Rs 0.6232 per unit...

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Gatron Industries Announces Dividend and Bonus Share Distribution

February 16, 2024 Uncategorized

Karachi, Gatron (Industries) Ltd. (GATI), a prominent player in the synthetic and rayon sector, announced a 30% interim cash dividend and 100% bonus shares, reflecting a 41.70% rights issue for the January 2024 period. The company reported an EPS of R...

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Meezan Strategic Allocation Funds Report No Distributions in June 2024

February 16, 2024 Uncategorized

Karachi, Meezan Strategic Allocation Fund II and its various plans including Meezan Capital Pre Plan-IV, V, VI, and VII have reported no distributions for the year ending June 2024. These funds, all listed in 2019, have seen their redemption prices se...

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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 Weather to Persist Across Most Parts of Country: PMD

    3 days ago
  • Pakistan Keen to Further Strengthen Cooperation with US: PM

    3 days ago
  • MoRA Urges Pilgrims to Renew Passports Early for Hajj 2027

    3 days ago
  • Pakistan and Jordan Leadership Voice Concerns Over Escalating Palestine Tensions

    3 days ago
  • Pakistan Customs Successfully Thwarts Smuggling Attempts in GB

    3 days ago

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