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Cherat Cement Announces Dividend and EPS Growth

February 16, 2024 Uncategorized

Karachi, Cherat Cement Co. Ltd. (CHCC) announced a 45% dividend, up from 30% last year, and a 15% interim dividend. The company reported an EPS of Rs. 22.67 for the year 2022/2023. With a paid-up capital of Rs. 1,942.95 million, Cherat Cement's stock ...

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UBL Cash Fund Maintains Steady Offer and Redemption Prices in June Financial Update

February 16, 2024 Uncategorized

Karachi, UBL Cash Fund, in its latest financial update, reported offer and redemption prices both standing at 108.04, according to the data provided by the Pakistan Stock Exchange. The fund, which was listed in 2019, has shown consistency in its perfo...

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Askari Life Assurance Co. Faces Challenges as Earnings Dip

February 16, 2024 Uncategorized

Karachi, Askari Life Assurance Co. (ALAC) has reported a challenging fiscal year, as reflected in the Pakistan Stock Exchange data. The company's closing rate was at Rs. 4.98, slightly above its daily weighted average of Rs. 5.03. ALAC, which joined t...

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National Bank of Pakistan Reports Earnings, No Distributions Announced

February 16, 2024 Uncategorized

Karachi, The National Bank of Pakistan (NBP), has disclosed its earnings for the fiscal year ending January 2024, with an EPS of Rs. 14.29. The bank's share rate was quoted at Rs. 27.33, with a daily weighted average of Rs. 27.47. Despite having a sub...

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NBP Savings Fund Distributes Rs 0.5390 Per Unit

February 16, 2024 Uncategorized

Karachi, The NBP Savings Fund announced a distribution of Rs 0.5390 per unit for June 2024, with a yield of 6.17%. Launched in 2008, the fund provided an offer price of 11.58 and a redemption price of 11.2, aiming to offer competitive returns to its s...

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Alfalah Consumer Index ETF Sees Varied Performance in January 2024

February 16, 2024 Uncategorized

Karachi, The Alfalah Consumer Index ETF (ACIETF) experienced fluctuating performance in January 2024, with a closing rate of 9.38 rupees against a daily weighted average rate of 41.216 rupees. The fund, with a size of 87000 million rupees, noted a hig...

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Attock Refinery Announces Impressive Dividend Increase

February 16, 2024 Uncategorized

Karachi, Attock Refinery Ltd. (ATRL) has declared a significant increase in its dividend to 125%, up from 100% last year, along with a 25% interim dividend. The company reported a remarkable earnings per share (EPS) of Rs. 274.12 for the year 2022/202...

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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

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

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

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

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

    2 days ago

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