Day: April 22, 2024

Elahi Cotton Mills Sees Increase in Quarterly Earnings

Karachi, Elahi Cotton Mills Ltd. (ELCM) announced an increase in its quarterly earnings with an EPS of Rs. 0.63 for January-March 2024, up from Rs. 0.55 last year. However, with only 2,000 shares traded, the activity level on the stock was notably low…

Gadoon Textile Mills Reports Exceptional Quarterly Profit

Karachi, Gadoon Textile Mills Ltd (GADT) recorded an outstanding EPS of Rs. 117.44 for the quarter ended March 2024, a substantial increase from Rs. 220 in the previous year. The company declared a final dividend of 200%. With 106,000 shares traded, G…

Ideal Spinning Mills Declares 20% Dividend Despite Loss

Karachi, Ideal Spinning Mills Ltd. (IDSM) declared a 20% dividend for the January-March 2024 quarter despite reporting a substantial loss with an EPS of negative Rs. 55.85, down from Rs. 16 in the prior year. The trading activity for the company inclu…

Al Ameen Islamic Energy Fund Sees Price Adjustment in June

Karachi, The Al Ameen Islamic Energy Fund experienced a slight adjustment in its pricing, with an offering price of PKR 125.78 and a redemption price of PKR 121.65 in June. No distributions were reported for the current period. Since its listing in 20…

J.A. Textile Mills Reports Decline in Quarterly Earnings

Karachi, J.A. Textile Mills Ltd. (JATM) reported a decrease in its quarterly earnings, posting an EPS of negative Rs. 2.66, compared to Rs. 65.93 in the previous year. No dividends were declared for the period. The company saw a high trading volume of…

Al Ameen Islamic Financial Planning Fund II Offers Mixed Returns

Karachi, Al Ameen Islamic Financial Planning Fund II reported varied returns across its different plans. The Active Allocation Plan IX and Active Preservation Plan I, with redemption prices of PKR 99.64 and PKR 108.88 respectively, indicated stable re…

J.K. Spinning Mills Ltd. Reports Earnings and Distributions

Karachi, J.K. Spinning Mills Ltd. (JKSM) has announced an earnings per share (EPS) of Rs. 52.41 for the first quarter of 2024, following its financial report for the year ended June 2022/2023. The company has declared a 20% distribution for shareholde…

Modest Gains for Al Ameen Islamic Sovereign Fund

Karachi, Al Ameen Islamic Sovereign Fund, listed since 2010, has declared a distribution of 3.05% for the month of June. The fund, which focuses on sovereign debt instruments, recorded an offering price of PKR 106.38 and a redemption price of PKR 105….

Kohinoor Spinning Mills Ltd. Reports Loss in Q1 2024

Karachi, Kohinoor Spinning Mills Ltd. (KOSM) disclosed a negative EPS of Rs. (3.37) for January to March 2024. The company’s stock price stood at Rs. 4.78, reaching a daily weighted average of Rs. 2,060.53. The high trading volume did not translate in…

Al Ameen Shariah Stock Fund Reports Latest Financials

Karachi, Al Ameen Shariah Stock Fund has published its financial results with an offer price of PKR 189.8 and a redemption price of PKR 184.59 for June. The fund, listed in 2007, declared no distributions for the current period.