Author: Web Desk

Karachi, Trust Securities & Brokerage (TSBL), a veteran in the securities brokerage sector since 1994, reported a significant earnings per share (EPS) of 10.11 for 2024. Despite not announcing any profit distribution for the year, the company’s paid-up capital stood at Rs. 300 million. TSBL’s performance is indicative of its strong operational capabilities and its role in facilitating investment and trading services in Pakistan’s financial market. The company continues to build on its legacy of trust and excellence in the securities brokerage industry.

Karachi, Bunny's Limited (BNL), a longstanding entity in the food and personal care industry, reported an earnings per share (EPS) of Rs. 12.4 for the first quarter of 2024. The company's shares traded at a daily weighted average rate of Rs. 12.64, indicating a steady market performance. Bunny's Limited, with a paid-up capital of 668.05 million shares and no distributions in the form of dividends or rights in 2022 or 2023, continues to demonstrate resilience and stability in its operations. Established in 1970, the company has a par value of Rs. 10 per share and requires a market lot of 500. This report underscores Bunny's Limited's consistent financial health and its enduring presence in the market.

Karachi, Habib Bank Limited (HBL), one of Pakistan's premier financial institutions, announced its performance metrics for the first quarter of 2024. The bank's daily weighted average rate was recorded at Rs. 104.99, with a minor adjustment to Rs. 105.30. With a robust paid-up capital of Rs. 14,668.52 million, HBL declared a notable increase in its distributions from 67.50% in 2022 to 97.50% in 2023. The EPS observed was Rs. 103. The bank's par value stands firm at Rs. 10, with the lot size fixed at 1. Habib Bank, listed in 2007, completed its book closure on March 20.

Karachi, In the face of market challenges, Clover Pakistan Ltd. (CLOV) has announced an impressive earnings per share (EPS) of Rs. 22.6 for the first quarter of 2024. The company's share price reflected a daily weighted average of Rs. 36.28, with a paid-up capital of 311.43 million shares. Despite not offering dividends or rights in the past years, Clover Pakistan's performance highlights its significant operational achievements. Founded in 1989, Clover Pakistan maintains a par value of Rs. 10 per share and a market lot of 500, emphasizing its strong foothold in the food and personal care sector.

Karachi, JS Bank Limited (JSBL) disclosed its financial achievements for the quarter ending in March 2024. The bank's daily average rate was Rs. 8.94, edging up to Rs. 8.99. Despite a substantial paid-up capital of Rs. 20,506.62 million, the bank reported a modest distribution of 17% RNIL for 2023. The EPS for the period was calculated at Rs. 8.15. The bank maintains a par value of Rs. 10 with a market lot size of 500. Having been listed in 2007, JS Bank announced its last book closure on March 23.

Karachi, Frieslandcampina Engro Pakistan (FCEPL), a notable company in the food and personal care products industry, has recorded an earnings per share (EPS) of Rs. 63.5 for the first quarter of 2024. The company witnessed a daily weighted average share rate of Rs. 67.67, with an extensive turnover of 7,665.96 million shares. Frieslandcampina Engro Pakistan, which did not declare dividends or rights for the current and preceding years, continues to display strong financial performance since its listing in 2011. With a par value of Rs. 10 per share and a market lot of 1, the company's latest financial announcement underscores its exceptional profitability and market position.

Karachi, Meezan Bank Ltd. (MEBL), reported on its performance for the first quarter of 2024, marking a daily weighted average rate of Rs. 214.94, which slightly increased to Rs. 215.48. The bank's paid-up capital was announced at Rs. 17,912.53 million, with its distributions escalating from 85% and an additional 10% bonus in 2022 to 200% in 2023. The bank's EPS stood at Rs. 156.01. The par value is Rs. 10, and the market lot is 1 for Meezan Bank, which has been on the list since 2000 and completed its book closure on March 25.

Karachi, Fauji Foods Limited (FFL), participating in the food and personal care products market, announced an earnings per share (EPS) of Rs. 8.2 for the first quarter of 2024. The daily weighted average rate of Fauji Foods' shares was Rs. 9.24, amidst a significant share turnover of 25,199.63 million. The company, which has not issued dividends or rights since its listing in 1970, showcased a robust start to the year. With a par value of Rs. 10 and a market lot of 1, Fauji Foods Limited continues to assert its presence in the industry with stable financial performance.

Islamabad, Askari Bank Ltd. (AKBL) has shown a notable performance in the financial market, as revealed by its latest earnings and dividend announcement for the first quarter of 2024. The bank reported an earnings per share (EPS) of 19.5 rupees, along with an increase in its dividend distribution.

For the year 2023, AKBL raised its dividend payout to 25%, up from 15% in the form of bonus shares in 2022. With a paid-up capital of 14,492.99 million rupees and a daily weighted average rate of 20.41 rupees, the bank has demonstrated solid financial health and a commitment to enhancing shareholder value.

Since its listing in 1992, Askari Bank Ltd. has been an active player in Pakistan's banking industry. The bank's market lot of 500 shares further solidifies its presence on the Pakistan Stock Exchange, reflecting its stability and growth potential in the financial sector.

Karachi, Gillette Pakistan Ltd. (GLPL), a prominent name in the personal care sector, reported an earnings per share (EPS) of Rs. 142.11 for the first quarter of 2024. The company's shares traded at a daily weighted average rate of Rs. 144.80, with a paid-up capital of 318.72 million shares. Despite not distributing dividends or rights recently, Gillette Pakistan's financial outcomes signal strong operational success and market.

Karachi, BankAL Habib Ltd. (BAHL), a prominent entity in the commercial banking sector, disclosed a record-breaking dividend payout and impressive earnings for the January-March 2024 quarter. The bank's earnings per share (EPS) stood at 77.9 rupees, underscoring its financial vigor and operational success.

In a significant move, BAHL escalated its dividend payout to 140% in 2023, up from 70% the previous year, marking a strategic achievement in shareholder value enhancement. The bank's paid-up capital is recorded at 11,114.25 million rupees, with a daily weighted average rate of 85.05 rupees.

Established in 1992 and listed on the Pakistan Stock Exchange, BankAL Habib Ltd. has demonstrated a steadfast commitment to financial excellence and shareholder returns. With a market lot of just one share, BAHL makes investment accessible to a broad spectrum of investors, reinforcing its position as a key player in the nation's banking industry.

Islamabad, Bank Makramah Ltd. (BML), amidst the fluctuating financial landscape, has maintained its market stability, as evidenced by its earnings per share (EPS) of 1.95 rupees for the first quarter of 2024. Despite not announcing a dividend for the period, the bank's performance indicates steady operational management.

With the largest paid-up capital among its peers at 66,222.21 million rupees and a daily weighted average rate of 2.09 rupees, BML showcases its significant scale and potential for future growth. The bank's no-dividend strategy for both 2022 and 2023 underscores a cautious approach amidst broader economic challenges.

Listed on the Pakistan Stock Exchange in 2008, Bank Makramah Ltd. has a market lot of 500 shares, catering to a diverse investor base. Despite the absence of a dividend, BML's substantial capital and market presence reflect its enduring value proposition in Pakistan's banking sector.