Mari Petroleum (MARI) has announced its highest-ever profit-after-tax (PAT) of Rs77 billion (EPS of Rs579.36) for the fiscal year 2024, marking an increase of 38% compared to the previous year’s Rs56.13 billion. According to Topline Research, this exceeded industry expectations due to a reversal in exploration costs and lower tax expenses. In the fourth quarter … Read more
Mahmood Textile Mills Limited (MTML) has announced its decision to divest its shares in Orient Power (Pvt) Ltd. The move was approved during the Board of Directors meeting held on August 6, 2024. The company plans to use the proceeds from this sale to fund various business activities. In a disclosure to the Pakistan Stock … Read more
The Pakistan Stock Exchange (PSX) has suspended trading in the shares of seven companies due to non-compliance with various regulatory requirements. This decision has been taken under the powers vested in the Exchange under Sub-Section (7) of Section 19 of the Securities Act, 2015, and clause 5.11 of the PSX Regulations. This follows a previous … Read more
Jennifer Garner had to get “Marvel fit” for her “Deadpool & Wolverine” cameo as the sai-wielding assassin Elektra, and she revealed her workout plan in an Instagram video on Monday. Garner’s return as Elektra was one of the A-list superhero cameos in “Deadpool & Wolverine,” and she revealed that Ryan Reynolds and director Shawn Levy … Read more
A man walks past the Intel logo at its booth during the first China International Supply Chain Expo (CISCE) in Beijing, China November 28, 2023. — Reuters Intel said on Thursday it would cut more than 15% of its workforce and suspend its dividend starting in the fourth quarter as the chipmaker pursues a turnaround centred … Read more