February 2024 - Page 10 of 22

STX Group Announces Unique Financing Partnership With BioValue for Dutch Biomethane Plant

Posted February 15, 2024 by Web Desk

Amsterdam, Feb. 15, 2024 (GLOBE NEWSWIRE) — STX Group, a leading global firm in environmental commodities trading and climate finance, today announces the financing partnership with BioValue, a major Dutch biomethane producer, for the construction and development of the Groengas Cothen biomethane plant. The new plant adds at least 80GWh…

Bombardier Launches U.S. Technician Apprenticeship Program in Collaboration with WSU Tech

Posted February 15, 2024 by Web Desk

Bombardier’s newest apprenticeship program, in collaboration with WSU Tech, will focus on training future airframe and powerplant (A&P) technicians It is the first state-registered A&P technician apprenticeship program in Kansas During the two-year program, students will complete hands-on training at Bombardier Group’s Wichita site and in-class courses at WSU Tech…

Bannu Woollen Mills Reports Negative Earnings Amid Stagnant Market Performance

Posted February 15, 2024 by Web Desk

Karachi, Bannu Woollen Mills Ltd (BNWM), a mainstay on the Pakistan Stock Exchange's woollen sector, reported a negative earnings per share (EPS) of Rs. 36.10 for the year ending January 2024. The company, listed since 1992 with a paid-up capital of R...

Askari Life Assurance Faces Challenges, Reports Negative EPS

Posted February 15, 2024 by Web Desk

Karachi, Askari Life Assurance Co. (ALAC) has faced a challenging financial year 2023, as indicated by its negative earnings per share (EPS) of Rs. (1.84). The company, with a paid-up capital of Rs. 1,501.72 million, did not announce any distribution ...

Reliance Cotton Spinning Records High Earnings and Dividend

Posted February 15, 2024 by Web Desk

Karachi, Reliance Cotton Spinning (RCML), a significant textile player, reported high earnings with an EPS of 81.53. The company, with a trading rate of Rs. 575.00, declared a 75% distribution, accompanied by a 40% additional dividend for shareholders...

Pakistan Income Fund Posts Year-End Financials

Posted February 15, 2024 by Web Desk

Karachi, The Pakistan Income Fund, an open-end mutual fund listed since 2002, reported its year-end financials with an offer price of Rs 60.16 and a redemption price of Rs 58.83 for the year ending June 2024. The fund, which declared a distribution of...

UBL Liquidity Plus Fund Year-End Financials

Posted February 15, 2024 by Web Desk

Karachi, The UBL Liquidity Plus Fund, listed in 2009, reported its financials for the year ending June 2024. The fund maintained a consistent offer and redemption price of Rs 101.44. It declared distributions of 6.08% in 2022 and 5.80% in 2023.

Impulse Dynamics Completes $136M Financing Round

Posted February 14, 2024 by Web Desk

Continued Progress Earns Financing to Accelerate Commercial Growth and Advancing Pipeline Marlton, NJ, Feb. 14, 2024 (GLOBE NEWSWIRE) — Impulse Dynamics plc, a global medical device company dedicated to improving the lives of people with heart failure (HF), is proud to announce that it raised $136 million in financing to…

Shahtaj Textile Limited Announces High Earnings and Dividend Distribution

Posted February 14, 2024 by Web Desk

Karachi, Shahtaj Textile Limited, with the trading symbol STJT on the Pakistan Stock Exchange, announced a substantial increase in its earnings for the year ending 2022/2023. The company's EPS was reported at Rs. 15.84. Shahtaj Textile, which has a pa...

Escorts Investment Bank Limited Records Negative EPS

Posted February 14, 2024 by Web Desk

Karachi, Escorts Investment Bank Limited (ESBL), a player in the Investment Banks/Investment Companies/Securities Companies sector of the Pakistan Stock Exchange, recorded a negative EPS of Rs. (0.36) for the financial year 2022/2023. The bank's today...

Pakistan Engineering Company Limited Faces Substantial Loss

Posted February 14, 2024 by Web Desk

Karachi, Pakistan Engineering Company Limited (PECO), despite its long-standing presence since 1950, reported a significant loss with an EPS of Rs -12.34. The company's stock traded at Rs 29.50, slightly above its daily weighted average rate of Rs 29....

UBL Pakistan Enterprise ETF NC Achieves Notable Returns

Posted February 14, 2024 by Web Desk

Karachi, Since its launch in 2020, the UBL Pakistan Enterprise ETF has achieved notable returns, announcing distributions of 9% in 2022 and 14% in 2023. Today's rate at 14.05 and a fund size of Rs. 36.791 million reflect its market presence, with a hi...