The revenue of Pakistan International Airlines (PIA) has increased by 13 percent. This was announced in a statement of the national carrier issued here on Monday.It said that the PIA’s 298th Board Meeting was held in Karachi on Monday with the Chairman and CEO PIA, Tariq Kirmani, in the chair.
PIA Board approved the 3rd quarterly accounts for the period July-September 2006 and the interim condensed financial stat [...]
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Tagged Boeing, PIA
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The 52nd Annual General Meeting of shareholders of Sui Southern Gas Company (SSGC) on Monday approved the audited accounts for the fiscal year ended June 30, 2006.
Shareholders unanimously approved the annual audited accounts as presented, which declared 13 percent dividend amounting to Rs1.30 per share of Rs10 for the year under review, a press release issued here said.
Addressing the meeting Chairman SSGC Aitzaz [...]
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Tagged LNG, OGRA, SSGC
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Pakistan Telecommunication Co Ltd (PTCL) posted a 6.9 per cent fall in quarterly profit on Monday, a drop analysts said came as competition ate into international call revenue and outweighed subscriber growth.
PTCL – the country’s fourth-largest listed company with a market value of around $2.9 billion – said net profit in its first quarter to end-September fell to Rs5.15 billion ($85million) from Rs5 [...]
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Tagged Etisalat, PTCL
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The Oil and Gas Development Company Ltd (OGDCL) has announced a quarterly profit after tax of Rs12.328 billion and dividend per share of Rs1.75.
A meeting of the Board of Directors of OGDCL was held under the chairmanship of Arshad Nasar, Chief Executive of the company, the other day at Islamabad to consider the quarterly accounts of the company for the period ended September 30, 2006.
According to a press release [...]
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Tagged Islamabad, OGDCL
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The 55th Annual General Meeting (AGM) of Pakistan Petroleum Ltd (PPL) on Monday approved a final cash dividend of 55 per cent on Ordinary Share Capital for the fiscal year 2005-06.
This final cash dividend is in addition to the interim dividend of 35 per cent on Ordinary Share Capital and 30 per cent on Convertible Preference Shares Capital already paid to the shareholders in April this year, said a press release i [...]
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Tagged AGM, PPL
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Karachi Stock Exchange (KSE) has set December 31, 2006, for demutualization of the exchange as part of reform process and to run it on international professional lines, according to annual report 2006 issued here on Monday.
On behalf of KSE Board of Directors, Zaffar A Khan, Chairman and M A Lodhi, Managing Director in their directors’ report said, “Through insertion of a new section 32E in the Securities and E [...]
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Tagged KSE, SECP
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Are you thinking of entering the fast-paced world of day trading? Arm yourselves with the information from this fact sheet on day trading.
What is day trading?
Day trading is an investment tactic that does online daily stock trading with a relatively short investment. Those who do day trading usually buy and sell securities during the same market day and, as a general rule, do not hold stocks overnight. Many day tr [...]
What is Stocks Trading?
Companies throughout the world issue new stock shares every day. They do so to raise capital in order to invest in the business. Once stock shares have been issued the public is free to buy and sell those issues through a stock broker. As the supply and demand for the shares changes so too does the price. Changing stock prices means opportunities to profit for a trader.
With the arrival of t [...]
Profitable day traders recognize that momentum trading is among the fastest & most effective ways to harvest BIG piles of cash in the stock market.
The problem is that if you don’t know what stocks to look for and how to approach them while limiting your risk, you won’t even get close to making some profits.
You don’t necessarily have to trade momentum hot stocks all the time. But you can lea [...]
The board of directors of Dawood Hercules Chemicals Ltd has approved second interim cash dividend of Rs2 per share (20 per cent) representing a total payout of Rs3.50 per share (35 per cent) to-date on a cumulative basis for the year ending 31st December 2006.
The board of directors has also approved the un-audited accounts of the company for the 3rd quarter of 2006. As per highlights of the financial results, the [...]
