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Karachi, Ghani Glass Limited (GHGL) recently conducted a corporate briefing to discuss its financial results for the fiscal year 2023 (FY23) and the first quarter of fiscal year 2024 (1QFY24). The company reported significant year-over-year (YoY) growt...

The post Ghani Glass Limited Reports Strong Earnings, Faces Market Challenges appeared first on Pakistan Business News.

Karachi: The MCB Pakistan Asset Allocation Fund, introduced in 2008, reported an offer price of 104.13 and a redemption price of 100.71. The fund, ending its fiscal year in June, declared a distribution of Rs 5.50 per unit for 2022, reflecting its ade...

Karachi: Power Holding Limited's PESC2 Sukuk offers a unique profit rate of 6M KIBOR-0.1% over a ten-year term. With each market lot valued at PKR 5,000, the total issue size is PKR 199,966,800,000, all of which is outstanding. Sukuk holders are expec...

Karachi: Alfalah GHP Islamic Prosperity Planning Fund Balance Allocation Plan, listed in 2017, had both offer and redemption prices at 0 as of June 2023. The fund declared a distribution of 2.93% in 2022 but announced no distributions for 2023. The fi...

Karachi: Habib Bank Limited has issued a Tier-I TFC, HBLTFC2, on a perpetual basis with a profit rate of 3M KIBOR+1.6%. The security has a face value of PKR 100,000 per market lot, with the total issue size reaching PKR 12,374,000,000. Investors are a...

Karachi: United Bank Limited's perpetual Tier-I TFC, UBLTFC5, carries a face value of PKR 5,000 with a profit rate of 3M KIBOR + 1.55%. The total issue size stands at PKR 10,000,000,000, with no change in the outstanding principal. Investors are poise...

Karachi: The UBL Dedicated Equity Fund, launched in 2019, has reported a stable offer and redemption price of 90.12. Despite not declaring any distributions, the fund's steady pricing indicates a commitment to dedicated equity investment strategies wi...