AIRLINK psx
8/8/2024 05:00pm
Air Link Communication Limited (AIRLINK) is a Pakistani company engaged in the import and distribution of mobile phones. Here is some information about the company:
1. **Financial Performance**:
- The company reported a net income of PKR 1.04 billion for the last quarter, reflecting a decrease of 17.34% compared to the previous quarter's net income of PKR 1.25 billion.
2. **Dividend History**:
- AIRLINK has a history of paying dividends, with the most recent interim cash dividend being PKR 0.04 per share, declared on January 30, 2024.
3. **Stock Performance**:
- As of the latest data, AIRLINK's stock price is 119.60 PKR, which has increased by 7.42% in the past 24 hours.
- Technical analysis suggests a bullish trend with potential targets at 121 PKR and 125-126 PKR, indicating a positive outlook for the stock.
4. **Market Position**:
- The company imports, exports, distributes, wholesales, and retails communication and IT related products and services, positioning it well in the Pakistani market.
Given these points, AIRLINK appears to be a solid investment option with a strong financial base and positive growth indicators. However, it's important to conduct your own due diligence and consider your investment goals and risk tolerance before making any investment decisions.