Karachi, The Askari Sovereign Yield Enhancer reported a 4.19% distribution for June 2024, with redemption prices witnessing a leap from Rs 4.3736 per unit to Rs 6.4057 per unit. This performance underscores the fund's commitment to delivering solid returns to its investors. Established in 2012, the fund remains a reliable option for those seeking income enhancements.
Elite Capital Modaraba Reports Negative Earnings Amid Market Pressures
Karachi, Elite Capital Modaraba 1st (FECM) has faced a challenging financial period, with an earnings per share (EPS) of Rs. (0.62) reported for January to February 2024. With no dividends declared for the current or previous year, the company's performance reflects the broader market pressures. Established in 1992 with a paid-up capital of Rs. 113.40 million, Elite Capital Modaraba continues to adapt to the dynamic financial landscape of Pakistan.
Atlas Income Fund Announces 5.40% Distribution in June
Karachi, The Atlas Income Fund declared a 5.40% distribution for June 2024, marking a significant return for its investors with a redemption price of Rs 24 per unit. This announcement reaffirms the fund's strong performance and commitment to providing value. Since its inception in 2004, the Atlas Income Fund has consistently offered competitive returns to its stakeholders.
IBL Modaraba 1st Reports Earnings Per Share of Rs. 0.46 for Jan-Feb 2024 Period
Karachi, IBL Modaraba 1st (FIBLM), listed on the Pakistan Stock Exchange, has disclosed its financial performance for the January-February 2024 period, reporting an Earnings Per Share (EPS) of Rs. 0.46. The company, which has been a part of the stock exchange since October 19, 1990, holds a paid-up capital of Rs. 216.88 million. Despite the reported earnings, IBL Modaraba 1st announced no distributions for the period, maintaining its stance from the previous year. The company operates with a market lot of 500.
Atlas Islamic Dedicated Stock Fund Maintains Status Quo in June 2024
Karachi, The Atlas Islamic Dedicated Stock Fund, alongside several plans within the Atlas Islamic Fund of Funds, reported no distributions for June 2024, maintaining their policy from the previous year. Despite the lack of distributions, the fund and its various plans, including the Aggressive Allocation Islamic Plan and Conservative Allocation Islamic Plan, presented their offer and redemption prices. Established in 2019, these funds continue to hold their ground in the market without offering distributions.
Punjab Modaraba Reports Financial Loss in Latest Earnings
Lahore, Punjab Modaraba 1st NC (FPJM) has reported a negative earnings per share (EPS) of Rs. 2.54 for the period of January to February 2024, according to the latest financial announcements from the Pakistan Stock Exchange (PSE). Despite a turnover of Rs. 340.20 million, the company has not declared any dividend for the current period. Punjab Modaraba, listed in 1993, continues to operate without distributing profits for the said timeframe.
Atlas Islamic Income Fund Announces Distributions for June
Karachi, The Atlas Islamic Income Fund, listed on the Pakistan Stock Exchange since 2008, has announced its annual distribution for June 2024. The fund declared a 5.70% distribution, equivalent to Rs 24.50 per unit, maintaining its offer and redemption price at 586.42. This financial announcement is part of the fund's consistent performance in the market, aimed at providing its investors with sustainable returns.
First Treet Mfg Modaraba Faces Slight Loss in Recent Earnings Report
Lahore, First Treet Mfg Modaraba NC (FTMM) has reported a slight loss with an earnings per share (EPS) of -Rs. 0.15 for the period of January to February 2024, according to disclosures made to the Pakistan Stock Exchange (PSE). The company, which has a significant turnover of Rs. 8,835.90 million, did not announce any dividend for the period. Since its inception in 2016, First Treet Mfg Modaraba has faced challenges in profit distributions.
Atlas Islamic Money Market Fund Holds Steady in June Announcement
Karachi, In its latest financial announcement, the Atlas Islamic Money Market Fund, with a listing year of 2021 on the Pakistan Stock Exchange, has reported a steady performance. The fund's offer and redemption price remained at 509.33, without declaring any distributions for June 2024. This stability reflects the fund's strategic approach to managing investor capital in a volatile market environment.
U.D.L. Modaraba Reports Minor Loss in Latest Financials
Karachi, U.D.L. Modaraba 1st. NC (FUDLM) disclosed a minor loss with an earnings per share (EPS) of -Rs. 0.07 for January to February 2024, according to the financial reports published on the Pakistan Stock Exchange (PSE). The company achieved a turnover of Rs. 351.21 million and declared a 19% dividend for the period. Since its listing in 1991, U.D.L. Modaraba has been navigating through market fluctuations without recent profit distributions.
Atlas Islamic Stock Fund Declares 7.00% Distribution for June
Karachi, The Atlas Islamic Stock Fund, a veteran of the Pakistan Stock Exchange since 2007, has declared a 7.00% distribution for June 2024, with no additional distribution per unit. The fund, maintaining its offer and redemption price at 774.13, continues to be a significant player in the market, offering investors a blend of growth and income opportunities.
OLP Modaraba Reports Strong Earnings with Substantial Dividend
Karachi, OLP Modaraba NC (OLPM) has reported a robust earnings per share (EPS) of Rs. 2.84 for the period of January to February 2024, according to data released to the Pakistan Stock Exchange (PSE). The company, with a turnover of Rs. 453.83 million, declared a 20% dividend for the period. Since its listing in 1987, OLP Modaraba has shown strong financial performance with consistent profit distributions.