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NIT – Islamic Income Fund Reports No Distribution

December 27, 2023 Uncategorized

Karachi, NIT - Islamic Income Fund, active since 2019, reported no distribution for the year ending in June. Both the offer and redemption prices remained stable at 10.18.

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Elite Capital Modaraba 1st Reports 3% Growth in Net Asset Value

December 27, 2023 Uncategorized

Karachi, Elite Capital Modaraba 1st (FECM) has reported a 3% growth in its net asset value, now at PKR 5.00 per unit. The total assets under management are PKR 113.40. Earnings per unit were reported at PKR 2.12, with a dividend of PKR 0.38 per unit.

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Arctic Textile Mills Reports No Dividend; Stable NAV

December 27, 2023 Uncategorized

Karachi, Arctic Textile Mills (ARCTM) maintained a stable NAV at PKR 14.73 per unit, with total assets under management of PKR 131.75. Despite not declaring any dividends, the company's stable financial position is evident in its earnings per unit of ...

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Maple Leaf Cement Factory Maintains Status Quo with No Dividend or Bonus

December 27, 2023 Uncategorized

Karachi, Maple Leaf Cement Factory, operating under the symbol MLCF, announced no dividends, bonus shares, or rights shares in its recent financial update. The company's stock is valued at PKR 37.56, with a market capitalization of PKR 10,733.46 milli...

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Adamjee Insurance Co. Ltd. Maintains Steady Dividend Rate

December 27, 2023 Uncategorized

Karachi, Adamjee Insurance Co. Ltd. (AICL) maintained a steady dividend rate of 30% and 30%, with an additional 15%(I) dividend. The company reported a net asset value of PKR 34.28 per unit and total assets under management of PKR 3,500.00. Earnings p...

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UBL Stock Advantage Fund Reports Positive Distributions

December 27, 2023 Uncategorized

Karachi, UBL Stock Advantage Fund, in operation since 2006, announced its financial data. The fund's offer price was Rs 98.68, and the redemption price was Rs 95.97 for the year ending in June 2023. The fund declared distributions of 5.50% for 2021 an...

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Oil & Gas Development Co. Ltd. Reports Strong Dividend and Bonuses

December 27, 2023 Uncategorized

Karachi, Oil & Gas Development Co. Ltd., listed as OGDC, announced a 69% dividend, a 72.5% bonus, and an 85.50% rights share. The company's share price is PKR 106.17, with a significant market capitalization of PKR 43,009.28 million. Established in 20...

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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.

  • Govt to Install Modern Machinery at Airports for Efficient Screening

    2 days ago
  • Pakistan Railways and Sindh Government Agree to Restore Karachi Circular Railway

    2 days ago
  • Pakistan Ranked Among Top Five Countries Worldwide for Absolute Reduction in Child Deaths

    2 days ago
  • Punjab Govt Signs MoU to Promote Livestock Sector

    2 days ago
  • DPM, Kyrgyz FM Discuss Evolving Regional Situation

    2 days ago

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