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Sazgar Engineering Works Posts Strong Earnings, Announces Dividends

Karachi, Sazgar Engineering Works (SAZEW) reported an EPS of 16.46 rupees for the first quarter of 2024, declaring a 40% dividend and an 80% interim dividend. The company’s share price peaked at 449 rupees, indicating a positive market trajectory. Sazgar, listed in 1996, has established itself with a paid-up capital of 604.46 million rupees and continues to reward its shareholders.

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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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