Companies BMW to invest further $2.76bn in key market China BEIJING: BMW said on Friday it planned to invest an additional 20 billion yuan ($2.76 billion) in its Shenyang... Published 27 Apr, 2024 05:03am
Companies 70.1m shares to be floated: IPAK intends to raise Rs1.47bn through IPO KARACHI: International Packaging Films Limited intends to raise Rs 1.47 billion by issuing 70.1 million shares to ... Published 27 Apr, 2024 05:03am
Companies Nestlé Pakistan’s Q1 revenue rises to Rs54.4bn LAHORE: Nestlé Pakistan’s revenue, for the three-month period ending March 31, 2024, rose to PKR 54.4 billion... Published 27 Apr, 2024 05:03am
Companies 100 SMEs across country: inDrive Rozgar initiative launched KARACHI: inDrive, a leading ride-hailing company, has launched the inDrive Rozgar initiative; a groundbreaking... Published 27 Apr, 2024 05:03am
Companies Q1, 2024 results: FrieslandCampina Engro delivers strong topline growth of 21pc KARACHI: FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for the first quarter of... Published 27 Apr, 2024 05:03am
Companies $22m invested in beverage sector by Coca-Cola ISLAMABAD: Coca-Cola has invested $22 million in the beverage sector, specifically in technology upgrade, capacity... Published 27 Apr, 2024 05:03am
Companies Ahsan Zafar assumes office of President & CEO of Engro Corp KARACHI: Ahsan Zafar Syed has assumed the office of President & CEO Engro Corporation, after the completion of... Published 27 Apr, 2024 05:03am
Companies 9MFY24: PSO posts Rs13.4bn profit KARACHI: Pakistan State Oil (PSO), the leading energy company, maintained its industry dominance and demonstrated... Published 27 Apr, 2024 05:03am
Money & Banking Empowering agricultural future: ABL Islamic Banking Group arranges awareness session LAHORE: Allied Bank (ABL) Islamic banking group recently invited Rozena Saleha, CEO of Kalam4Solutions and her team... Published 27 Apr, 2024 05:03am
Companies 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
Money & Banking 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
Companies DWP marks its Silver Jubilee LAHORE: DWP Group, a leading conglomerate in Pakistan, celebrated its 25th Silver Jubilee Anniversary on April 18,... Published 26 Apr, 2024 04:15am
Stocks 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
Companies Sanofi profit slips on generic competition and currency effects Sanofi’s first-quarter operating income fell 14.7% as currency effects and cheap competition to its multiple... Published 25 Apr, 2024 01:28pm
Companies IPAK says it has become largest flexible packaging films manufacturer in Pakistan QUAID-E-AZAM BUSINESS PARK (SPECIAL ECONOMIC ZONE), SHEIKHUPURA: International Packaging Films Limited (IPAK),... Published 25 Apr, 2024 03:20pm
Companies AstraZeneca leaps after smashing first quarter forecasts AstraZeneca sailed past market expectations for quarterly revenue and profit on Thursday, boosted by demand for its... Published 25 Apr, 2024 01:08pm
Energy Despite lower finance cost, National Refinery posts Rs2.87bn loss in 3QFY24 Despite higher revenues and lower finance cost, National Refinery Limited (NRL), the country’s only lube refinery,... Updated 25 Apr, 2024 09:06pm
Companies Unilever beats quarterly sales growth forecasts Unilever’s first-quarter sales grew by a better than expected 4.4%, it said on Thursday, as one of the world’s... Published 25 Apr, 2024 11:54am
Companies The Organic Meat Company secures another $4mn export contract to UAE firm Pakistani meat processor The Organic Meat Company Limited (TOMCL) said it has secured another multi-million dollar... Updated 25 Apr, 2024 10:29pm
Companies Nestle misses quarterly sales estimates LONDON: Nestle on Thursday missed first-quarter organic sales growth estimates as the world’s biggest packaged food... Published 25 Apr, 2024 10:53am
Companies Hyundai Motor’s Q1 profit drops 2.4%, beats forecasts SEOUL: South Korea’s Hyundai Motor Co reported on Thursday a drop of 2.4% in first-quarter profit, beating analysts... Published 25 Apr, 2024 10:46am
Companies FFC launches ‘Sona Boron DAP’ LAHORE: Fauji Fertilizer Company Limited, a Pakistan’s leading fertilizer manufacturing and distributing company... Published 25 Apr, 2024 03:05am
Companies MALC CEO Lobo honoured with Cross of the Order of Merit KARACHI: Mervyn Francis Lobo, CEO of the Marie Adelaide Leprosy Centre (MALC), has been honoured with the Cross of... Published 25 Apr, 2024 03:05am
Companies NLC inks MoU with Hutchison Ports To improve the quality of logistics services and develop supply chain synergies, National Logistics Corporation... Published 24 Apr, 2024 08:35pm
Companies 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
Companies ‘Strong performance’: Standard Chartered explains reason for increase in share price Standard Chartered Bank (Pakistan) Limited (SCBPL), a subsidiary of Standard Chartered Plc, said on Tuesday that the... Updated 24 Apr, 2024 10:16pm
Companies 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
USA Bill to ban TikTok in US clears Congress WASHINGTON: The US Senate on Tuesday approved legislation requiring the wildly popular social media app TikTok to be... Published 24 Apr, 2024 10:47am
Companies Adobe to bring full AI image generation to Photoshop this year Adobe said on Tuesday it plans to place a tool for full artificial intelligence image generation in its Photoshop... Published 23 Apr, 2024 03:39pm
Companies 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