Day: February 19, 2024

Aruj Industries Ltd. Faces Continued Losses with EPS Decline

Karachi, Aruj Industries Ltd. (ARUJ), a key player in the textile sector, reported a downturn with an EPS of Rs. -13.34 for the year ending in June 2023. The company, which has a paid-up capital of Rs. 104.58 million, saw its shares trade at a daily w…

Meezan Islamic Income Fund Announces Stable Returns

Karachi, The Meezan Islamic Income Fund has reported an offer price of 58.97 and a redemption price of 58.31 for June. With its distributions, the fund continues to provide Shariah-compliant income-generating opportunities to its investors, emphasizin…

Meezan Rozana Amadani Fund Announces Redemption Price

Karachi, Meezan Rozana Amadani Fund, listed on the Pakistan Stock Exchange since 2019, has announced a redemption price of PKR 50. The offer price stands at PKR 0 with distributions scheduled for June. This announcement follows the fund’s previous boo…

Meezan Sovereign Fund Reports Offer and Redemption Prices

Karachi, The Meezan Sovereign Fund, available for trading on the Pakistan Stock Exchange, disclosed its latest financial details with an offer price of PKR 60.24 and a redemption price of PKR 59.56. Distributions for the fund are planned for June, wit…

Meezan Strategic Allocation Fund Reveals Redemption Details

Karachi, The Meezan Strategic Allocation Fund, introduced to the market in 2017, has announced its redemption price as PKR 50 for its Capital Pre Plan-III. With distributions occurring in June, the fund’s last book closure was noted on June 30, 2022.

Ibrahim Fibres Ltd. Reports Strong Earnings Growth

Karachi, Ibrahim Fibres Ltd. (IBFL), a prominent synthetic fiber manufacturing company listed on the Pakistan Stock Exchange, has reported a significant earnings per share of Rs. 17.1 for the year ending in December 2023. The company’s stock witnessed…

Image Pakistan Ltd Announces 15% Bonus; Records Increase in EPS

Karachi, Image Pakistan Ltd. (IMAGE) announced a 15% bonus for its shareholders for the year ending June 2023. The company’s EPS rose to Rs. 1.91, with a daily weighted average rate of Rs. 14.58. Image Pakistan saw a significant trading volume of 11,3…