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
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
Share under NFC Award: Govt may explore option of sharing debt servicing, power circular debt with provinces