Karachi, MCB Investment Management Limited (MCBIM) disclosed its financial results for the year ending June 2023. The company achieved a daily weighted average rate of Rs. 29.13 with a paid-up capital of Rs. 720 million. MCBIM announced a significant ...
Read More »Askari Life Assurance Co. Faces Challenges in Fiscal Year
Karachi, Askari Life Assurance Co. (ALAC) reported a challenging financial year for the period ending December 2023. The company's daily weighted average rate was Rs. 12.96, with a paid-up capital of Rs. 1,501.72 million. ALAC, listed since 1994, expe...
Read More »LSE Proptech Ltd. Faces Financial Difficulties
Karachi, LSE Proptech Ltd. (LSEPL) faced financial difficulties in the fiscal year ending June 2023. The company's daily weighted average rate was Rs. 3.61, with a paid-up capital of Rs. 900.91 million. LSEPL did not declare any distribution for the y...
Read More »UBL Growth & Income Fund Maintains Market Operation
Karachi, The UBL Growth & Income Fund, established in 2006, has been operational in the market. The fund's Growth and Income Units both reported a redemption price of Rs. 96.63 for June, indicating their continued focus on growth and income strategies...
Read More »Al-Abbas Sugar Mills Posts Robust Growth in Distributions
Karachi, Al-Abbas Sugar Mills Ltd. (AABS), a prominent player in Pakistan's sugar industry, announced significant increases in distributions for the fiscal year ending September 2023. The company declared a 550% distribution, a notable rise from the p...
Read More »Pakistan Cash Management Fund Achieves Notable Returns
Karachi, January 30, 2024 – Active since 2009, the Pakistan Cash Management Fund reported an offer price of Rs. 51.04 and a redemption price of Rs. 50.47 for June. The fund announced a distribution of "Rs 4.07 per unit", reflecting its effective cash ...
Read More »Dewan Cement Ltd. Faces Financial Difficulties
Karachi, Dewan Cement Ltd. (DCL) faced financial difficulties in the fiscal year ending June 2023. The company, with a paid-up capital of Rs. 4,841.13 million, did not declare any distribution for the year. DCL, listed since 1989, saw its share price ...
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