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
Markets FFC makes Rs22.6bn profit in 3QCY24, but holds off on dividend amid merger plans Fauji Fertilizer Company (FFC), one of Pakistan’s largest fertilizer producers, posted a consolidated... Updated 28 Oct, 2024 10:08pm
Business & Finance Indus Motor Company’s profit up 58% at Rs5.09bn in 1QFY25 Indus Motor Company (IMC) reported a profit of Rs5.09 billion for the quarter ended September 30, 2024 (1QFY25), an... Updated 28 Oct, 2024 12:11pm
Business & Finance Quarter ended Sep 30, 2024: OGDCL announces Rs41.019bn profit after tax ISLAMABAD: The Board of Directors of OGDCL, in its meeting held on Friday in Islamabad, announced the financial... Published 26 Oct, 2024 05:55am
Business & Finance OGDC’s profit down 16% in 1QFY25 amid lower sales Oil and Gas Development Company Limited (OGDCL), the country’s largest exploration and production (E&P) company,... Updated 25 Oct, 2024 07:30pm
Business & Finance Meezan Bank posts Rs77.5bn PAT, grows 34pc KARACHI: The Board of Directors of Meezan Bank approved the financial statements of the Bank for the nine months... Updated 24 Oct, 2024 07:53am
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 9 months of 2024: Soneri Bank announces PAT growth of 13.80pc YoY KARACHI: The Board of Directors of Soneri Bank Limited, in their 207th meeting held in Karachi on 16th October 2024,... Published 17 Oct, 2024 07:32am
Business & Finance Despite higher sales, textile giant Interloop’s profit down 18% in FY24 Despite higher sales, Interloop Limited (ILP), one of Pakistan’s largest textile exporters, saw its profit decline... Published 26 Sep, 2024 03:34pm
Business & Finance SPL posts Rs1.49bn profit after tax KARACHI: Security Papers Limited (SPL) earned a profit after tax of Rs 1.49 billion in 2024, representing 54 percent... Published 26 Sep, 2024 06:48am
Markets Amreli Steels bleeds, loss for FY24 stands at Rs6.1bn as sales drop Amreli Steels Limited sustained massive losses to the tune of Rs6.1 billion amid a drop in sales and high expenses... Updated 23 Sep, 2024 10:25pm
Markets Millat Tractors post profit of Rs10.6bn in FY24, up 167% Millat Tractors Limited (MTL), Pakistan’s largest tractor manufacturer, reported a profit-after-tax (PAT) of Rs10.64... Updated 09 Sep, 2024 10:47pm
Business & Finance Despite auto sector’s slowdown, Indus Motor Company’s profit up 56% at Rs15.07bn in FY24 Indus Motor Company (IMC) reported a profit of Rs15.07 billion for the fiscal year that ended June 30, 2024 (FY24),... Updated 02 Sep, 2024 10:37pm
Markets National Refinery suffers massive Rs15.8bn loss in FY24 Despite higher revenue and lower finance cost, National Refinery Limited (NRL) registered a massive loss of Rs15.79... Updated 02 Sep, 2024 04:32pm
Business & Finance JS Bank records 511pc growth in 1H CY24 KARACHI: JS Bank, one of the fastest-growing banks in Pakistan, announced its financial performance for the first... Published 30 Aug, 2024 06:07am
Business & Finance 1H’24: NBP records total income of Rs96.8bn, up 5.1pc YoY KARACHI: The Board of Directors of National Bank of Pakistan “NBP” “the Bank” met on August 28 to approve the... Updated 30 Aug, 2024 04:18pm
Business & Finance Faysal Bank’s profit surges 60%, clocks in at Rs7bn in Apr-June Faysal Bank posted a consolidated profit after tax of Rs6.95 billion for the quarter ended June 30, 2024, nearly 60%... Updated 28 Aug, 2024 04:58pm
Business & Finance April-June: PTCL sustains Rs3.4bn in losses as finance cost bites Pakistan Telecommunication Company Limited (PTCL) sustained massive losses to the tune of Rs3.4 billion during the... Updated 28 Aug, 2024 04:59pm
Business & Finance Standard Chartered Pakistan’s profit marginally up YoY in 2QCY24 Standard Chartered Bank (Pakistan) Limited (SCBPL), a subsidiary of Standard Chartered Plc, posted earnings of... Published 27 Aug, 2024 03:30pm
Business & Finance JS Bank records 678% jump in consolidated profit in 2QCY24 JS Bank Limited (JSBL) posted massive earnings of Rs5.5 billion during the quarter ending June 30, 2024, up over... Published 27 Aug, 2024 01:14pm
Business & Finance SPL announces financial results for H1 24 KARACHI: The Board of Directors of Shell Pakistan Limited (SPL) announced half year results for the company. The... Published 27 Aug, 2024 06:44am
Business & Finance Shell Pakistan posts Rs1.1bn profit in Apr-Jun 2024, over 86% lower year-on-year Shell Pakistan Limited (SPL), a subsidiary of Shell Petroleum Company Limited, announced a profit of Rs1.13 billion... Published 26 Aug, 2024 02:41pm
Business & Finance H1’24: Soneri Bank announces PAT growth of 26.79pc YoY KARACHI: The Board of Directors of Soneri Bank Limited, in their 206th meeting held in Karachi on 23th August 2024,... Published 26 Aug, 2024 07:01am
Business & Finance Engro Corp’s quarterly profit down 61%, clocks in at Rs5.07bn in Apr-Jun Pakistan’s conglomerate Engro Corporation Limited (ENGRO) posted a consolidated profit-after-tax (PAT) of Rs5.07... Updated 22 Aug, 2024 10:40pm
Business & Finance EPCL suffers loss of Rs688mn in 2QCY24 Engro Polymers and Chemicals Limited (EPCL), a subsidiary of Engro Corporation Limited, sustained losses to the tune... Published 16 Aug, 2024 05:03pm
Markets Lucky Cement’s earnings jump 21% in 2024 Lucky Cement’s profit-after-tax amounted to Rs72.34 billion, an increase of over 21% during the year 2024, compared... Updated 09 Aug, 2024 10:22pm
Markets Mari Petroleum reports profit of Rs77.3bn in FY24, announces 800% bonus shares and dividend Mari Petroleum Company Limited (MARI), one of Pakistan’s largest E&P companies, posted a profit-after-tax (PAT)... Updated 08 Aug, 2024 09:16pm
Business & Finance Meezan Bank’s profit up nearly 55% in 2QCY24 Meezan Bank, the country’s largest Islamic bank, posted consolidated earnings of Rs26.89 billion for the second... Updated 08 Aug, 2024 09:44pm
Business & Finance MCB Bank posts highest-ever 1H PBT of Rs62.7bn KARACHI: The Board of Directors of MCB Bank Limited (MCB) in its meeting under the Chairmanship of Mian Mohammad... Published 08 Aug, 2024 07:00am