Markets Nishat Mills’ profit falls 30% in 1HFY24 as rising costs bite Nishat Mills Limited (NML), the flagship company of Nishat Group, saw its profit-after-tax plunge by 30%, clocking... Published 28 Feb, 2024 01:43pm
Markets OGDC’s profit jumps 30% in 1HFY24 Oil and Gas Development Company Limited (OGDCL), the country’s largest exploration and production (E&P) company,... Published 27 Feb, 2024 02:22pm
Business & Finance DG Khan Cement’s profit plunges 35% in 2QFY24 Despite higher sales, DG Khan Cement Company Limited (DGKCL), one of the largest cement producers in Pakistan, saw... Published 26 Feb, 2024 05:03pm
Business & Finance CY2023 HBL PBT rises 47pc to Rs113.6bn YoY KARACHI: HBL on Friday declared a record profit before tax of Rs 113.6 billion for the year ended December 31, 2023,... Published 24 Feb, 2024 06:42am
Business & Finance Standard Chartered profit jumps 115% in CY23 Standard Chartered Bank (Pakistan) Limited (SCBPL), a subsidiary of Standard Chartered Plc, posted earnings of... Published 23 Feb, 2024 04:55pm
Business & Finance NBP’s profit surges by 72%, clocks in at Rs53.3bn in 2023 National Bank of Pakistan (NBP), one of the country’s largest commercial banks, registered a profit-after-tax (PAT)... Published 22 Feb, 2024 02:48pm
Business & Finance Indus Motor posts 89% higher profit of Rs4.96bn in 1HFY24 Indus Motor Company (IMC) reported on Thursday a profit of Rs4.96 billion for the half-year ended December 31, 2023,... Published 22 Feb, 2024 11:30am
Business & Finance Askari Bank records Rs21.5bn profit in 2023 Askari Bank reported a profit after tax (PAT) of Rs21.54 billion in 2023, an increase of 53% compared to Rs14.06... Published 21 Feb, 2024 05:31pm
Business & Finance Lotte Chemical’s profit plunges 50% in 2023 Lotte Chemical Pakistan Limited (LOTCHEM), a subsidiary of South Korean chemical giant Lotte Chemical Corporation... Updated 21 Feb, 2024 10:08pm
Business & Finance UBL’s profit clocks in at Rs56.5bn, up 76% in 2023 United Bank Limited (UBL), one of the country’s largest commercial banks, posted consolidated earnings of Rs56.47... Updated 21 Feb, 2024 10:05pm
Markets Textile giant Interloop’s profit surges 115% to Rs10bn in 1HFY24 Interloop Limited (ILP), one of Pakistan’s largest textile exporters, saw its profit jump by 115% to Rs9.86 billion... Updated 20 Feb, 2024 06:20pm
Business & Finance Engro Fertilizers’ earnings hit Rs26.2bn in 2023, up 64% YoY Engro Fertilizers Limited (EFERT), a wholly owned subsidiary of Engro Corporation Limited, posted its highest Profit... Updated 16 Feb, 2024 10:51pm
Business & Finance Meezan Bank’s profit up nearly 91% in 2023 Meezan Bank, the country’s largest Islamic bank, posted earnings of Rs86.02 billion for calendar year 2023, up... Updated 15 Feb, 2024 10:42pm
Markets PSO suffers hefty loss of Rs10.4bn in 2QFY24 Pakistan State Oil Company Limited (PSO) posted consolidated losses to the tune of Rs10.43 billion in the second... Updated 15 Feb, 2024 09:36pm
Markets HUBCO’s earnings up 17% in 2QFY24 Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), saw its profit increase by... Updated 14 Feb, 2024 06:11pm
Business & Finance Allied Bank’s profit jumps 95% in 2023 Allied Bank (ABL) posted a profit-after-tax of Rs41.3 billion ($146.5 million) in 2023, a growth of nearly 95% than... Updated 13 Feb, 2024 09:25pm
Business & Finance Faysal Bank sees 77% growth in profit in 2023 Faysal Bank declared a consolidated profit after tax (PAT) of Rs20.25 billion for the year 2023, nearly 77% higher... Published 07 Feb, 2024 05:43pm
Business & Finance Record profit: MCB Bank posts earnings of Rs65.3bn in 2023, up over 89% YoY MCB Bank Limited, one of Pakistan’s largest commercial banks, reported its highest-ever yearly profit, driven by an... Updated 06 Feb, 2024 10:03pm
Markets Attock Refinery sees profit decline 37% in 2QFY24 Despite higher sales, Attock Refinery Limited (ATRL), a subsidiary of the Attock Oil Company Limited, saw its... Updated 06 Feb, 2024 07:59pm
Markets PRL posts PAT of over Rs2bn in 2QFY24 EPS clocks in at Rs3.22 for Oct-Dec period Published 01 Feb, 2024 04:49pm
Business & Finance Bank Alfalah’s profit jumps over 96% in 2023 Bank Alfalah has posted a consolidated profit after tax of Rs36.09 billion during the year 2023, which is over 96%... Published 01 Feb, 2024 02:43pm
Business & Finance CY23: Soneri Bank posts 222.61pc growth in PAT YoY LAHORE: The Board of Directors of Soneri Bank Limited, in their 202nd meeting held in Lahore on Wednesday, approved... Published 01 Feb, 2024 04:52am
Markets Mari Petroleum reports profit of Rs37.51bn in 1HFY24 Earnings up 57% year-on-year Updated 29 Jan, 2024 10:57pm
Markets Fauji Fertilizer Company makes Rs47.5bn profit in 2023 Fauji Fertilizer Company Limited (FFC), one of Pakistan’s largest fertilizer producers, posted a profit-after-tax of... Updated 26 Jan, 2024 07:17pm
Markets Lucky Cement’s earnings jump 109% in July-December Lucky Cement’s profit-after-tax amounted to Rs38.32 billion, a massive increase of over 109%, during the half year... Updated 26 Jan, 2024 10:41pm
Markets LCI’s profit-after-tax jumps 88% in Oct-Dec Lucky Core Industries Limited (LCI) saw its profit-after-tax (PAT) jump by around 88% to Rs2.502 billion in the... Updated 25 Jan, 2024 10:01pm
Markets Honda Atlas Cars’ profit-after-tax plunges 82% in Oct-Dec Amid massive decline in sales, the profit-after-tax (PAT) of Honda Atlas Cars (Pakistan) Limited (HCAR) plunged over... Updated 24 Jan, 2024 10:23pm
Markets Fauji Foods sees turnaround, earns Rs605mn in 2023 Fauji Foods Limited (FFL), a subsidiary of Fauji Fertilizer Bin Qasim Limited, witnessed a turnaround in its... Published 23 Jan, 2024 02:10pm
Business & Finance U Microfinance Bank announces financial results KARACHI: U Microfinance Bank, Pakistan’s fastest-growing microfinance bank, has published its financial results ... Published 02 Dec, 2023 05:09am
Markets PPL commences oil & gas production from Punjab Pakistan Petroleum Limited (PPL), a key supplier of natural gas in the country, has commenced production of... Updated 24 Nov, 2023 10:48pm