HBL Growth Fund Announces Annual Distribution

Karachi, HBL Growth Fund, a closed-end mutual fund, announced its annual distribution. The fund will distribute a 12% dividend to its shareholders. The announcement was made as part of the fund's year-end financial statements for June 2024.

The fund, listed on the Pakistan Stock Exchange since 1980, reported an earnings per share (EPS) of 6.01 for the period from January to April 2024. The fund's share price closed at 2,835.00 Pakistani Rupees, with a turnover of 500 shares.

Buxly Paints Limited NC Shows Steady Growth in Chemical Sector

Karachi, Buxly Paints Limited NC, a significant player in the chemical industry, showed steady growth with an EPS of Rs. 1.92 for the period from January to November 2023. The company's stock reached a high of Rs. 107.8 and a rate of Rs. 101.65, with a turnover of 752,500 shares. Buxly Paints Limited, with a paid-up capital of Rs. 14.40 million and listed since 1986, did not declare any distributions for the year.

Tri-Star Mutual Fund NC Maintains Performance Without Distribution

Karachi, Tri-Star Mutual Fund NC, with the symbol code TSMF, noted today's rate at Rs. 4.70 and a daily weighted average rate of Rs. 4.68. The fund's paid-up capital stands at Rs. 50 million, and it has not declared any distribution for the year 2021, 2022, or 2023. The par value is Rs. 500, with the previous book closure on October 23. Listed in 1994, Tri-Star Mutual Fund NC achieved a high rate of Rs. 6.62 and had a turnover of 559,500 from January to November 2023. The EPS for the fiscal year 2021/2022 was Rs. 4.18.

Colgate-Palmolive (Pakistan) NC Achieves Robust Performance in Chemical Industry

Karachi, Colgate-Palmolive (Pakistan) NC, a key entity in the chemical sector, achieved robust performance with an EPS of Rs. 89.68 for January-November 2023. The stock traded at a high of Rs. 2185 and a rate of Rs. 1573.73, with a turnover of 1,129,840 shares. Colgate-Palmolive Pakistan, with a paid-up capital of Rs. 2,427.73 million and listed since 1984, declared distributions of 490%15%B and 525%15%B for 2021 and 2022, respectively.

B.F. Modaraba Maintains Consistent Distributions

Karachi, B.F. Modaraba, trading under the code BFM, reported a closing rate of Rs. 5.50 today. The modaraba has a paid-up capital of Rs. 75.15 million and has maintained a 5% distribution for 2021, with no distributions for the subsequent years. Its market lot is 500, with a high rate of Rs. 5.65, a turnover of 381,000, and an EPS of Rs. 0.73.

Data Agro Ltd NC Faces Challenges in Chemical Sector

Karachi, Data Agro Ltd NC, part of the chemical industry, faced challenges, reflected in its negative EPS of Rs. (3.89) for the period from January to November 2023. The company's stock reached a high of Rs. 18.5 and a rate of Rs. 15.64, with a turnover of 163,500 shares. Data Agro Ltd, with a paid-up capital of Rs. 40.00 million and listed since 1994, did not declare any distributions for the year.

Descon Oxychem Ltd. NC Maintains Steady Performance in Chemical Industry

Karachi, Descon Oxychem Ltd. NC, operating in the chemical sector, maintained a steady financial performance with an EPS of Rs. 1.59 for January-November 2023. The company's stock traded between a high of Rs. 28.8 and a rate of Rs. 23.00, with a turnover of 154,439,500 shares. Descon Oxychem, with a paid-up capital of Rs. 1,750.31 million and listed since 2008, declared distributions of 10%, 20%, and 40% for 2021, 2022, and 2023, respectively.

Equity Modaraba Shows Steady Returns

Karachi, Equity Modaraba 1st, with the symbol EQTM, maintained a consistent rate of Rs. 4.00 today. The modaraba declared a 5% distribution in 2021, with a paid-up capital of Rs. 524.40 million. It reported a high rate of Rs. 7.15, a turnover of 318,500, and an EPS of Rs. 0.31.

Dynea Pakistan Ltd. NC Dominates Market with High Earnings in Chemical Sector

Karachi, Dynea Pakistan Ltd. NC, a leading firm in the chemical industry, reported outstanding earnings with an EPS of Rs. 49.73 for January-November 2023. The company's stock achieved a high of Rs. 216 and a rate of Rs. 195.00, with a turnover of 4,445,400 shares. Dynea Pakistan, with a paid-up capital of Rs. 94.36 million and listed since 1984, declared distributions of 150% and 150% for 2021 and 2022, respectively.

Habib Modaraba Declares Strong Dividend Yield

Karachi, Habib Modaraba 1st, trading as HABM, closed at Rs. 7.22 with a daily average of Rs. 7.26. It declared a substantial 28% dividend in 2021, followed by 20% in the subsequent years. The modaraba has a paid-up capital of Rs. 1,108.31 million, a high rate of Rs. 8.2, a turnover of 4,735,500, and an EPS of Rs. 1.80.

Engro Polymer & Chemicals. NC Achieves Strong Growth in Chemical Industry

Karachi, Engro Polymer & Chemicals. NC, a key player in the chemical sector, achieved strong growth with an EPS of Rs. 16.32 for the period from January to November 2023. The stock saw a high of Rs. 51.3 and a rate of Rs. 45.78, with a turnover of 294,260,448 shares. Engro Polymer & Chemicals, with a paid-up capital of Rs. 9,089.23 million and listed since 2008, declared distributions of 163%, 125%, and 50%(III) for 2021, 2022, and 2023, respectively.