Sapphire Fibres Limited NC Reports High Dividends and Strong Market Performance

Karachi, Sapphire Fibres Limited NC (Symbol: SFL) maintained a stable trading rate today at Rs. 1480.00. According to information available from the Pakistan Stock Exchange (PSX), the company declared substantial dividends of 100% for both 2022 and 2023. With a paid-up capital of Rs. 206.72 million, SFL trades with a par value of Rs. 10 per share. Since its listing in 1990, SFL reached a high trading price of Rs. 1800 and a low of Rs. 1310.1 from January to April 2024, with an impressive earnings per share of Rs. 247.72 for 2022/2023.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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