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IBL Modaraba Records Modest Earnings in 2023, Maintains Stability

January 29, 2024 Uncategorized

Karachi, IBL Modaraba 1st NC (FIBLM), a financial institution listed on the Pakistan Stock Exchange, reported a closing rate of Rs. 3.46 today. The company, with a paid-up capital of Rs. 216.88 million, has maintained a consistent performance, with an...

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UBL Capital Protected Fund – III Delivers Steady Returns

January 29, 2024 General

Karachi, January 30, 2024 – Since 2017, the UBL Capital Protected Fund - III has been operational, reporting an offer price of Rs. 102.3 and a redemption price of Rs. 99.23 for June. The fund declared a distribution of 1.55%, showcasing its effectiven...

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Shadab Textile Mills Ltd. Faces Downturn, Reports Negative EPS

January 29, 2024 Uncategorized

Karachi, Shadab Textile Mills Ltd. (SHDT) faced a challenging financial year ending June 2023. The company’s daily weighted average rate was Rs. 166.00, with a market high of Rs. 18.00 and a low of Rs. 10.55. SHDT declared a 5% dividend. The turnover ...

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Pak Suzuki Motor Co. Ltd. Faces Financial Struggles

January 29, 2024 Uncategorized

Karachi, Pak Suzuki Motor Co. Ltd. (PSMC) faced significant financial struggles in the fiscal year ending December 2023. The company's daily weighted average rate was Rs. 609.00, with a paid-up capital of Rs. 823.00 million. PSMC did not declare any d...

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Gharibwal Cement Ltd. Maintains Steady Financial Position

January 29, 2024 Uncategorized

Karachi, Gharibwal Cement Ltd. (GWLC) maintained a steady financial position in the fiscal year ending June 2023. The company's daily weighted average rate was Rs. 27.23, with a paid-up capital of Rs. 4,002.74 million. GWLC declared a 10% cash distrib...

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JS Growth Fund Announces Impressive June Performance

January 29, 2024 Uncategorized

Karachi, Operational since 2013, the JS Growth Fund reported an offer price of Rs. 230.23 and a redemption price of Rs. 222.68 for June. The fund declared a distribution of "Rs 12.00 per unit", highlighting its impressive growth in the market.

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Noon Sugar Mills Ltd. Delivers Solid Financial Performance

January 29, 2024 Uncategorized

Karachi, Noon Sugar Mills Ltd. (NONS) delivered a solid financial performance for the year ending September 2023. The company, with a paid-up capital of Rs. 165.18 million, declared a 40% distribution for the year. NONS, listed since 1966, saw its sha...

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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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