Popular Islamic Modaraba Reports Growth in Profit Distribution Rates

Karachi, Popular Islamic Modaraba (PIM) has announced an increase in its profit distribution rates, going from 3.744% to 4.557%. This financial update was provided for the year closing on October 16, 2016. With a capital of Rs. 140.00 million, the company disclosed these figures in a recent submission to the Pakistan Stock Exchange. No cash dividend was announced for the period.

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DPM Emphasizes FDI-Led Economic Growth Strategy

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