Day: March 20, 2024

United Bank Sets Unprecedented Dividend Rate for 2024

Karachi, United Bank Ltd., trading as UBL, has set an unprecedented dividend rate of 440% for the year 2024, following a 220% dividend in the previous year. The bank recorded a daily weighted average rate of 181.63 Rs. on March 20, 2024, with a substa…

Nestle Pakistan Ltd Leads with Exceptional Dividends and Earnings

Karachi, Nestle Pakistan Ltd, trading under NESTLE, announces unparalleled dividends, with 3350% in 2022 and 1930% in 2023, underlining its financial strength and market leadership with an EPS of 331.86*. Since its 1980 listing, Nestle Pakistan remain…

Elahi Cotton Mills Ltd Reports Modest Earnings Amid No Dividends

Karachi, Elahi Cotton Mills Ltd, trading under the symbol ELCM, reported modest earnings with an EPS of 0.63 for the fiscal year 2022/2023. With a paid-up capital of just 13.00 million Rs. and a daily weighted average rate of 73.00 Rs., the company ha…

Rafhan Maize Products Dominates with High Dividends and Earnings

Karachi, Rafhan Maize Products, symbolized by RMPL, announces extraordinary dividends, with 2750% in 2022 and 3500% in 2023, highlighting its unparalleled financial performance with an EPS of 669.02*. Since its 1987 market debut, Rafhan Maize has esta…

Ideal Spinning Mills Ltd Encounters Fiscal Year Setbacks

Karachi, Ideal Spinning Mills Ltd, trading as IDSM, encountered significant fiscal year setbacks, evidenced by an EPS of -55.85. The company declared a 20% dividend for 2022 but none for 2024, facing operational challenges with a paid-up capital of 99…

J.A.Textile Mills Ltd Reports Losses in Fiscal Year

Karachi, J.A.Textile Mills Ltd, under the symbol JATM, reported losses in the fiscal year 2022/2023 with an EPS of -2.66. With a daily weighted average rate of 63.16 Rs. and a paid-up capital of 126.01 million Rs., the company did not announce any div…