Sitara Energy Ltd Reports Significant Negative Earnings, No Distribution Declared

Karachi, Sitara Energy Ltd (SEL), with a paid-up capital of Rs. 190.92 million, reported significant negative earnings with an EPS of Rs. (7.83) for the fiscal year ending June 2023. The company’s daily weighted average rate was Rs. 11.74, higher than the previous rate of Rs. 11.11. Despite the negative earnings, no distribution was declared. Listed since 1995, SEL maintains a market lot of 500. The previous book closure date was 21/10.

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Pakistan Emphasizes Diplomacy for Iran Nuclear Issue

Islamabad: Pakistan has reiterated that the Iran nuclear issue should be addressed through peaceful means. The remarks were made by Pakistan's Permanent Representative to the UN, Asim Iftikhar Ahmad, while speaking on the Security Council Vote on the ...