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Pakistan Tobacco Co. Reports December Quarter Results

January 12, 2024 Uncategorized

Karachi, Pakistan Tobacco Co. (PAKT), a key player in the tobacco sector, has released its financial results for the December quarter. The company's stock value remained robust at PKR 1117.40, demonstrating a strong market position. PAKT's trading vol...

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Sardar Chemical Industries Reports No Dividend; June Quarter Revenue at PKR 60 Million

January 12, 2024 Uncategorized

Karachi, Sardar Chemical Industries (SARC) has maintained a steady stock price of PKR 29.74 for both opening and closing. The company's revenue for the June quarter was reported at PKR 60.00 million. SARC has not declared any dividend for this period....

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NI(U)T Fund Shows Strong Performance with Distributions in Two Years

January 12, 2024 Uncategorized

Karachi, The oldest fund listed, NI(U)T Fund, since 1964, has reported distributions of Rs 4.50 per unit for 2022 and Rs 2.33 per unit for 2023. The fund's offer price is Rs 65.97.

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Biafo Industries Ltd. Shows Growth in June Quarter

January 12, 2024 Uncategorized

Karachi, Biafo Industries Ltd. (BIFO), operating in the chemical industry, showed growth in the June quarter. The stock value increased from PKR 126.32 to PKR 127.37, with a trading volume of 463.83. BIFO declared a 43% net profit margin and a 10% (B)...

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NBP Islamic Stock Fund Reports 21.10% Distribution for 2022

January 12, 2024 Uncategorized

Karachi, Since its inception in 2014, the NBP Islamic Stock Fund has declared a significant 21.10% distribution for 2022. The fund, with an offer price of Rs 16.13, did not announce any distribution for 2023.

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Air Link Communication Reports Growth in June Quarter

January 12, 2024 Uncategorized

Karachi, Air Link Communication (AIRLINK), a significant entity in the technology and communication sector, reported growth in its June quarter. The stock value increased from PKR 57.84 to PKR 59.09, with a trading volume of 3,952.69. AIRLINK declared...

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IBL Modaraba 1st Maintains Market Presence

January 12, 2024 Uncategorized

Karachi, IBL Modaraba 1st, symbolized as FIBLM, reported a closing rate of Rs. 3.80. The Modaraba, with a paid-up capital of Rs. 216.88 million, did not declare any distribution for the fiscal year. Its high rate was Rs. 6.89.

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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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