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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

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

Meezan Bank’s profit up nearly 65% in 1QCY24

Meezan Bank, the country’s largest Islamic bank, posted consolidated earnings of Rs25.54 billion for the first...

Published 18 Apr, 2024 04:48pm

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

Business & Finance

PABC’s profit jumps nearly 86%, stands at Rs5bn in 2023

Pakistan Aluminium Beverage Cans Limited (PABC) posted a profit-after-tax of Rs5.02 billion in 2023, an increase of...

Updated 29 Mar, 2024 04:42pm

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

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

Business & Finance

Bank Makramah’s loss increases to Rs5.3bn in 2023

Bank Makramah Limited (BML), formerly known as Summit Bank Limited, posted losses to the tune of Rs5.33 billion in...

Published 04 Mar, 2024 05:00pm

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

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

Markets

PPL’s earnings jump 44%, clock in at Rs69.8bn in 1HFY24

Pakistan Petroleum Limited (PPL), a key supplier of natural gas in the county, saw its profit-after-tax (PAT) jump...

Updated 26 Feb, 2024 10:26pm

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

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

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

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