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Popular Islamic Modaraba Shows Varied Dividend Rates Amid Undisclosed Earnings

Karachi, In the recent financial disclosures, Popular Islamic Modaraba (PIM) has not specified its earnings for the JanuaryFebruary 2024 period. Trading at Rs. 11.30, with a daily weighted average rate of Rs. 12.25, the company announced dividends of 3.744% for 2022 and 4.557% for 2023. With a paidup capital of Rs. 140.00 million, PIM managed a modest turnover of 11,500. Listed since 2016, the modaraba observed a peak share price of Rs. 12.1. Despite the absence of an earnings announcement, Popular Islamic Modaraba has shown a commitment to shareholder returns through its dividend policy.

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Ghani Glass Shareholder Reports Loss of Share Certificates

Karachi: A shareholder of Ghani Glass Limited has reported the loss of two share certificates collectively covering 367 shares, prompting the company to prepare for the issuance of duplicates, pending the expiration of a notice period.

Firdoos Jahan...

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