Mari Energies begins hydrocarbon production from KP’s Shewa discovery Mari Energies Limited, formerly Mari Petroleum Company Limited (MARI), has commenced hydrocarbon production from... Updated 25 Mar, 2025 04:06pm
Print Profitability of listed banks rises 5pc YoY KARACHI: The profitability of listed banks increased by 5 percent YoY to Rs597 billion in 2024, mainly driven by a 9... Updated 04 Mar, 2025 09:10am
Business & Finance WEPL reports Rs3.3bn PAT for 2024 KARACHI: The Board of Directors of Wafi Energy Pakistan Limited (WEPL) has announced the company’s financial... Published 21 Feb, 2025 06:49am
Business & Finance Pakistan’s textile giant Interloop sees 70% profit drop in 2QFY25 Despite higher sales, Interloop Limited (ILP), one of Pakistan’s largest textile exporters, saw its profit reduce... Updated 19 Feb, 2025 10:51pm
Business & Finance UBL posts Rs75.8bn profit in 2024, up 34% YoY United Bank Limited (UBL), one of Pakistan’s largest commercial banks, posted consolidated earnings of a massive... Published 19 Feb, 2025 01:19pm
Business & Finance AHCL announces strong financial results KARACHI: Arif Habib Corporation Limited (AHCL) continued its strong financial performance during the six-month ... Published 19 Feb, 2025 06:42am
Business & Finance FrieslandCampina: FrieslandCampina Engro announces FY 2024 financial results KARACHI: FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for the year ended December... Published 15 Feb, 2025 07:48am
Business & Finance MCB Bank reports strong financial performance for 2024 LAHORE: MCB Bank Limited (MCB) has announced its financial results for the year ended December 31, 2024, delivering... Published 07 Feb, 2025 07:59am
Business & Finance Bank Alfalah reports Rs39.9bn profit in 2024 Bank Alfalah saw its consolidated profit jump to Rs39.9 billion during 2024, which is over 10% higher than its... Updated 30 Jan, 2025 05:20pm
Business & Finance FFC earns Rs85.5bn consolidated profit in 2024 ISLAMABAD: Fauji Fertilizer Company Limited (FFC) has announced its financial results for the year ended December ... Published 30 Jan, 2025 07:45am
Business & Finance LCI announces Rs6,301m profit after tax in six months KARACHI: Following the meeting of the Board of Directors, Lucky Core Industries Limited (the ‘Company’) ... Published 30 Jan, 2025 07:18am
Business & Finance Mari Energies profit declines 39% in 2QFY25 Mari Energies Limited, formerly known as Mari Petroleum Company Limited (MARI), posted a profit-after-tax (PAT) of... Updated 27 Jan, 2025 10:33pm
Business & Finance Complete turnaround: SSGC reports Rs4.5bn profit in July-Sept quarter After much delay, the Sui Southern Gas Company (SSGC) made public its accounts for the quarter ended September 30,... Updated 05 Dec, 2024 08:05pm
Business & Finance BOK registers 28pc growth in PBT in 9M-2024 PESHAWAR: The Board of Directors of Bank of Khyber (BoK) held their 195th meeting on October 29, 2024, at the... Published 12 Nov, 2024 07:39am
Business & Finance Pakistan’s largest IPP HUBCO posts Rs20.3bn profit in 1QFY25 despite revenue dip Despite lower revenue, Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), saw... Updated 30 Oct, 2024 09:09pm
Business & Finance Engro Corp reports solid 9-month results KARACHI: Engro Corporation’s revenue from continued operations grew by 12 percent to Rs. 279 billion, compared to... Published 30 Oct, 2024 07:00am
Business & Finance PPL’s quarterly profit drops 24% amid lower sales, rising costs Pakistan Petroleum Limited (PPL) saw its profit-after-tax (PAT) drop nearly 24% to clock in at Rs22.69 billion for... Updated 29 Oct, 2024 01:23pm
Business & Finance MCB Bank posts Rs18.1bn profit in 3Q2024, down 8% YoY MCB Bank Limited, one of Pakistan’s largest commercial banks, reported a profit-after-tax (PAT) of Rs18.13 billion... Updated 23 Oct, 2024 06:12pm
Business & Finance SPL achieves 5.75pc profit growth in Q1 FY2024-25 KARACHI: Security Papers Limited (SPL) has announced its unaudited financial results for the first quarter, ended... Published 22 Oct, 2024 06:33am
Markets July-September: Pakistan Refinery sustains Rs2.4bn in losses Pakistan Refinery Limited (PRL), a subsidiary of the Pakistan State Oil Company Limited (PSO), sustained massive... Updated 18 Oct, 2024 09:01pm
Business & Finance Bank Alfalah posts over 50% profit surge in 3QCY24 Bank Alfalah saw its consolidated profit jump to Rs13.3 billion during the quarter ended September 30, 2024, which... Updated 17 Oct, 2024 10:34pm
Business & Finance PTCL Group reports 15.3pc YoY revenue growth KARACHI: Pakistan Telecommunication Company Limited (PTCL), the leading telecom and ICT services provider in the... Published 16 Oct, 2024 07:59am
Markets Engro Fertilizers’ earnings stand at Rs8.6bn in 3QCY24, down 11% YoY Engro Fertilizers Limited (EFERT), a wholly-owned subsidiary of Engro Corporation Limited, posted a profit after tax... Published 14 Oct, 2024 04:17pm
Technology TRG Pakistan incurs loss of Rs30.8bn in FY24 TRG Pakistan Limited reported its financial results for the year ended 30th June 2024, with a loss after tax of... Published 01 Oct, 2024 11:00am
Markets Nishat Mills looks to sell hospitality business, will establish subsidiary in Türkiye The board of Nishat Mills Limited (NML), the flagship company of Nishat Group, has approved to dispose off 100%... Updated 27 Sep, 2024 11:34pm
Markets OGDC’s profit down 7% in FY24 despite higher sales Oil and Gas Development Company Limited (OGDCL), the country’s largest exploration and production (E&P) company,... Published 23 Sep, 2024 03:15pm
Markets PPL’s earnings jump 19%, clock in at Rs115.5bn in FY24 Pakistan Petroleum Limited (PPL) saw its profit-after-tax (PAT) jump nearly 19% to clock in at Rs115.48 billion for... Published 20 Sep, 2024 02:45pm
Markets PSX’s earnings jump to Rs1.03bn in FY24, massive 368% higher Increase led by share of profit from associates and income from exchange operations Updated 18 Sep, 2024 08:51pm
Business & Finance SLIC stands on a strong footing with 2024 half-yearly results KARACHI: The State Life Insurance Corporation of Pakistan (SLIC) closed its half yearly results (January – June... Published 09 Sep, 2024 07:19am
Markets Air Link posts massive 382% increase in profit in FY24 Pakistan’s smartphone manufacturer Air Link Communication Limited saw its profit-after-tax (PAT) grow by 382% to... Published 02 Sep, 2024 06:34pm