Day: March 1, 2024

UBL Asset Allocation Fund Announces Distribution for June 2024

Karachi, In a recent financial announcement made to the Pakistan Stock Exchange, UBL Asset Allocation Fund disclosed a distribution of 7.34% for the year ending in June 2024. The fund, with an offer price of 178.75 and a redemption price of 172.89, co…

Pace (Pakistan) Limited Posts Negative EPS of 6.02 in Early 2024

Karachi, Pace (Pakistan) Limited (PACE), a company listed in 2007 on the Pakistan Stock Exchange, reported a negative earnings per share (EPS) of 6.02 for the first two months of 2024. The company, which did not announce any dividend for the period, s…

Pakistan Refinery Ltd. Maintains Stability with No Dividend

Quetta, Pakistan Refinery Ltd. (PRL) released its financial figures, showing no dividend distribution and an EPS of Rs. 2.90. The company witnessed a turnover of 625,314,986, with stock prices ranging from Rs. 31.84 to Rs. 23.11, demonstrating active …

UBL Cash Fund Maintains Stability with June 2024 Performance

Karachi, The UBL Cash Fund, recognized for its liquidity and stable returns, reported its performance for June 2024 with an offer and redemption price both set at 108.04. Launched in 2019, the fund is designed for investors prioritizing immediate liqu…

Sitara Energy Ltd. Reports No Dividend in Recent Fiscal Period

Faisalabad, Sitara Energy Ltd. (SEL), operating within the power generation and distribution sector, has announced no dividend for the financial year ending June 2024. The company, with a paidup capital of Rs 190.92 million, saw minimal trading activi…

UBL Dedicated Equity Fund and Financial Sector Fund Report

Karachi, UBL Dedicated Equity Fund and UBL Financial Sector Fund, both introduced in 2019, have reported their performance for June 2024. While the Dedicated Equity Fund has an offer and redemption price of 90.12 with no listed distribution, the Finan…

Mari Petroleum Announces Substantial Dividend for FY 202324

Islamabad, Mari Petroleum Co. Ltd. (MARI), a leading player in Pakistan’s oil and gas exploration sector, has announced a dividend of 1240% for the financial year ending June 2023, with an interim (I) dividend of 980% for JanuaryFebruary 2024. The com…

UBL Income Opportunity Fund Delivers 5.00% Distribution

Karachi, The UBL Income Opportunity Fund declared a 5.00% distribution for June 2024, showcasing its capability to offer competitive returns. The fund, with an offer price of 121.15 and a redemption price of 119.13, focuses on income-generating opport…

International Industries Achieves Substantial Earnings Growth

Karachi, International Industries Ltd. (INIL) reported a robust EPS of 17.23, underlining a strong financial period. The company, with a substantial paidup capital of Rs. 1,318.82 million, declared an 80% dividend alongside a 20% interim dividend, ref…

Dewan Farooque Motors Limited Faces Challenges in the Market

Karachi, Dewan Farooque Motors Limited, participating in the automobile assembler sector, has faced difficulties with a negative EPS of Rs. (1.73) for the fiscal year 2022/2023. Despite these challenges, the company’s shares have seen activity, with a…