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
Markets MCB Bank posts earnings of Rs16.8bn in 2Q2024, up over 14% YoY MCB Bank Limited, one of Pakistan’s largest commercial banks, reported profit-after-tax (PAT) of Rs16.79 billion in... Updated 07 Aug, 2024 09:49pm
Business & Finance Year ended June 30, 2024: LCI announces 330pc final cash dividend KARACHI: Following the meeting of the Board of Directors, Lucky Core Industries Limited (the “Company”) ... Published 07 Aug, 2024 05:37am
Business & Finance Bank Alfalah earns Rs20.609bn PAT in first half of 2024 KARACHI: The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on Wednesday, approved the... Published 02 Aug, 2024 08:16am
Business & Finance Bank Alfalah’s profit jumps 53% in 2QCY24, clocks in at Rs12bn Despite lower net interest income, Bank Alfalah saw its consolidated profit jump to Rs12 billion during the quarter... Published 01 Aug, 2024 03:09pm
Business & Finance Engro Fertilizers’ earnings stand at Rs1.6bn in 2QCY24, up 57% YoY Engro Fertilizers Limited (EFERT), a wholly-owned subsidiary of Engro Corporation Limited, posted a profit after tax... Updated 31 Jul, 2024 03:39pm
Markets SNGPL posts Rs10.6bn in profit in FY23, largely flat year-on-year Sui Northern Gas Pipelines Limited reported a profit-after-tax of Rs10.56 billion during the financial year ending... Updated 26 Jul, 2024 07:13pm
Business & Finance Honda Atlas Cars’ profit-after-tax rises nearly 800%, clocks in at Rs2.33bn Despite massive decline in sales, the profit-after-tax (PAT) of Honda Atlas Cars (Pakistan) Limited (HCAR) rose... Updated 27 May, 2024 07:49pm
Business & Finance Air Link Communication’s profit up 533%, stands at over Rs1bn in 3QFY24 Pakistan’s smartphone manufacturer Air Link Communications Limited saw its profit grow by over 533%, clocking in at... Published 30 Apr, 2024 04:05pm
Business & Finance NBP’s profit falls 13%, clocks in at Rs9.8bn in 1QCY24 National Bank of Pakistan (NBP), one of the country’s largest commercial banks, registered a profit-after-tax (PAT)... Published 29 Apr, 2024 05:39pm
Business & Finance Indus Motor Company’s profit jumps 38%, amounts to Rs4.45bn in Jan-Mar Indus Motor Company (IMC) reported on Monday a profit of Rs4.45 billion for the three-month ended March 31, 2024, an... Updated 29 Apr, 2024 09:25pm
Markets Mari Petroleum says will invest Rs2.5bn in mineral mining subsidiary via equity injection The Board of Directors of Mari Petroleum Company Limited (MARI) has approved an investment of up to Rs2.5 billion by... Updated 29 Apr, 2024 09:40pm
Markets PSO’s profit plunges over 70% in 3QFY24, amounts to Rs3.74bn Despite higher sales, Pakistan State Oil Company Limited’s (PSO) profit-after-tax (PAT) plunged over 70%, clocking... Published 26 Apr, 2024 02:44pm
Business & Finance JS Bank registers massive 376% jump in profit in 1QCY24 JS Bank Limited (JSBL) posted massive consolidated profit of Rs4.2 billion during the three months ended March 31,... Updated 26 Apr, 2024 09:31pm
Business & Finance Q1: Engro posts Rs104.3bn revenue KARACHI: Engro Corporation’s revenue from continued operations grew by 45 percent to Rs 104.3 billion in the first... Published 26 Apr, 2024 04:15am
Markets Engro Corp’s profit up 18%, clocks in at Rs10.4bn in 1QCY24 Pakistani conglomerate Engro Corporation Limited (ENGRO) posted a consolidated profit-after-tax (PAT) of Rs10.38... Updated 25 Apr, 2024 09:35pm
Business & Finance Bank Alfalah’s profit falls 8% in 1QCY24, clocks in at Rs9.93bn Despite higher net income, Bank Alfalah saw its profit fall to Rs9.93 billion during the quarter ended March 31,... Published 24 Apr, 2024 04:31pm
Business & Finance Pakistan Refinery suffers Rs1.24bn loss in 3QFY24 Hit by lower revenue and high cost of sales, Pakistan Refinery Limited (PRL), a subsidiary of Pakistan State Oil... Updated 24 Apr, 2024 06:30pm
Business & Finance Fauji Cement’s earnings down to Rs1.77bn in January-March 2024 Fauji Cement’s profit-after-tax amounted to Rs1.77 billion, a decrease of 6%, during the third quarter of FY24 that... Published 23 Apr, 2024 03:29pm
Markets EPCL suffers loss of Rs901mn in three months of 2024 Engro Polymers and Chemicals Limited (EPCL), a subsidiary of Engro Corporation Limited, sustained losses to the tune... Published 22 Apr, 2024 02:52pm
Markets Letter to finance minister: APTMA calls for ‘export-centric’ policies The All Pakistan Textile Mills Association (APTMA) has called for an “export-centric” programme, stressing that high... Updated 17 Apr, 2024 05:48pm
Business & Finance Higher gains on securities: UBL’s profit up 12% during Jan-March United Bank Limited (UBL), one of the country’s largest commercial banks, posted consolidated earnings of Rs16.14... Updated 17 Apr, 2024 02:41pm
Markets Systems Limited reports 2023 profit at Rs8.7bn, 31% higher YoY Brokerage house Topline Securities says results 'lower than expectation' Updated 25 Mar, 2024 10:08pm
Business & Finance Fatima Fertilizer’s profit jumps 56% in 2023 Fatima Fertilizer Company Limited has reported a profit after tax of Rs23 billion during the year 2023, an increase... Updated 22 Mar, 2024 09:41pm
Markets SSGC incurs massive loss of Rs9.3bn in 6MFY23 After much delay, Sui Southern Gas Company (SSGC) made public its accounts for the first half of fiscal year 2022-23... Updated 11 Mar, 2024 10:54pm
Business & Finance Bank of Khyber’s profit shoots to Rs3.5bn, 665% higher YoY in 2023 Bank of Khyber (BoK) saw its earnings skyrocket to Rs3.48 billion in 2023, up nearly 665% from the profit-after-tax... Published 07 Mar, 2024 03:24pm
Markets Turnaround: after loss-making 2022, Shell Pakistan posts Rs6.2bn profit in 2023 Shell Pakistan Limited (SPL), a subsidiary of Shell Petroleum Company Limited, registered profit-after-tax of Rs6.21... Updated 06 Mar, 2024 04:54pm
Markets Unilever Pakistan Foods’ earnings jump 23% to hit Rs9.74bn in 2023 Unilever Pakistan Foods Limited (UPFL), a subsidiary of Conopco Inc. USA, saw its profit-after-tax jump by 23%,... Published 05 Mar, 2024 11:17am
Markets JS Bank records 853% jump in profit in 2023 JS Bank Limited (JSBL) posted massive earnings of Rs10.39 billion ($36.85 million) in 2023, up over 853% from the... Published 29 Feb, 2024 02:49pm
Business & Finance BankIslami records 137% jump in profit during 2023 BankIslami Pakistan Limited (BIPL) posted a massive consolidated profit after tax of Rs10.61 billion in 2023, which... Updated 28 Feb, 2024 08:21pm