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Crescent Steel Posts Positive Earnings, Declares Dividend

February 14, 2024 Uncategorized

Karachi, Crescent Steel & Allied Products (CSAP) showed a positive financial performance with an EPS of Rs 2.28. The company's shares were traded at Rs 41.40, aligning closely with the daily weighted average of Rs 41.32. With a paid-up capital of ...

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Flying Cement Co. Ltd. Reports Modest Earnings, EPS at 0.39

February 14, 2024 Uncategorized

Karachi, Flying Cement Co. Ltd. (FLYNG) reported an EPS of 0.39 for the year ending January 2024, showcasing modest financial growth. The company traded at a daily weighted average rate of Rs. 6.93 and declared a significant 75.9878% right distributio...

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NBP Balanced Fund Announces Distribution Amid Financial Performance

February 14, 2024 Uncategorized

Karachi, The NBP Balanced Fund, with a listing year of 2007 on the Pakistan Stock Exchange, has declared an 8.92% distribution for June. The fund, which aims to provide balanced investment opportunities, reported an offer price of 24.79 and a redempti...

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Meezan Balanced Fund Continues Strong Distribution Trend

February 14, 2024 Uncategorized

Karachi, Since its 2013 listing, the Meezan Balanced Fund has maintained a distribution rate of 12.50% for the year ending June 2022. The fund reported offer and redemption prices at 20.48 and 20.02, respectively, indicating its robust financial healt...

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Ghandhara Tyre & Rubber Co. Reports Loss in Earnings Per Share

February 14, 2024 Uncategorized

Karachi, Ghandhara Tyre & Rubber Co. (GTYR) reported a negative EPS of Rs. (1.37) for the year ending January 2024. The company declared a 30% cash dividend but did not announce any bonus shares. GTYR's daily weighted average rate was Rs. 31.51, w...

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Indus Motor Company Ltd. Announces Exceptional Dividend; Share Value Rises Sharply

February 14, 2024 Uncategorized

Karachi, Indus Motor Company Ltd., a leading player in the automobile assembler industry, saw a significant rise in its share value, closing at Rs. 1518.26 today, with a daily weighted average rate of Rs. 1513.50. The company, with a paid-up capital o...

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JS Global Banking Sector ETF NC Announces Distribution

February 14, 2024 Uncategorized

Karachi, Launched in 2023, the JS Global Banking Sector ETF has announced an 11.084% distribution for the year. Today's rate stood at 14.50 with a fund size of Rs. 117.564 million, indicating a focused investment in the banking sector. The ETF reached...

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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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