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Artistic Denim Mills Limited Reports Steady Growth in 2023

December 8, 2023 Uncategorized

Karachi, Artistic Denim Mills Limited (ADMM) reported steady growth in its earnings per share (EPS) for January-November 2023, with an increase to 4.21 from 60.5 in the previous year. The company's stock traded at Rs. 57.67, with a daily weighted aver...

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Al Ameen Islamic Financial Planning Fund III Maintains Status Quo in Fiscal 2023

December 8, 2023 Uncategorized

Karachi, The Al Ameen Islamic Financial Planning Fund III, along with its various plans, listed since 2018 on the Pakistan Stock Exchange, disclosed its financial results for the fiscal year ending in June 2023. The fund itself, with an offer price of...

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Bank Makramah Limited Proposes Dual Rate Rights Issues

December 8, 2023 Uncategorized

Karachi, Bank Makramah Limited, formerly known as Summit Bank Limited, has proposed rights issues at two different rates. The first rights issue is proposed at a rate of 65%, while the second is at 11.2443%. These proposed rights issues are part of th...

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Power Holding Limited Anchors Massive Funding with Two Ten-Year Sukuks

December 8, 2023 Uncategorized

Karachi, Power Holding Limited has placed two substantial Sukuks on the Pakistan Stock Exchange. The first, "PESC1," is a ten-year Sukuk with an unprecedented total issue size of Rs. 200 billion, which is entirely outstanding. Its next coupon date is ...

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Bank Alfalah Limited Invests in Perpetual Debt with TFC Issue

December 8, 2023 Uncategorized

Karachi, Bank Alfalah Limited has introduced a new perpetual Tier-I TFC, "BAFLTFC8," to the market. This debt instrument has an issue size of Rs. 7 billion, which remains fully outstanding. The next coupon date is set for December 21, 2023, and the TF...

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Pak Oman Islamic Asset Allocation Fund Announces 2.30% Distribution

December 8, 2023 Uncategorized

Karachi, With a distribution of 2.30% for 2023, the Pak Oman Islamic Asset Allocation Fund, listed in 2009, marks a significant presence in the market. The fund, which ends its financial year in June, is part of the broader Islamic asset allocation mu...

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United Distributors Pakistan Ltd Faces Loss in Latest Financial Results

December 8, 2023 Uncategorized

Karachi, United Distributors Pakistan Ltd (UDPL) has reported a loss in its latest financial disclosure to the Pakistan Stock Exchange. The company's EPS for the period of January-November 2023 stood at a negative Rs. 2.22. UDPL's stock traded between...

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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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