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United Distributors Pakistan Ltd Records Loss

Karachi, United Distributors Pakistan Ltd (UDPL) noted a substantial loss with an EPS of Rs (10.56) in the first quarter of 2024. The stock was traded at Rs 352.71 today, peaking at Rs 39.94 in 2023 with a daily weighted average of Rs 26000. Since its market debut in 1989, the company has not offered any profit distributions.

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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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