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
Print Zakat contributions: SECP issues new accounting standards for NPOs ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued new accounting standards for the... Updated 28 Feb, 2024 08:54am
Markets PPL’s annual general meeting held KARACHI: The 72nd Annual General Meeting of Pakistan Petroleum Limited (PPL) was held here on Monday. The members... Published 31 Oct, 2023 05:26am
Business & Finance Kohinoor Textile Mills posts 72% increase in profit Kohinoor Textile Mills Limited (KTML) registered a profit after tax (PAT) of Rs9.19 billion for the fiscal year... Published 11 Sep, 2023 06:23pm
Business & Finance MCB Islamic Bank’s half-year PBT soars to Rs4.013bn KARACHI: MCB Islamic Bank’s profit before tax has soared from Rs 595 million in June 2022 to an impressive Rs ... Published 05 Sep, 2023 06:22am
Business & Finance Abbott Laboratories sustains Rs580mn in losses amid inflation, currency devaluation Sales in second quarter clocked in at Rs13.44 billion Updated 30 Aug, 2023 07:04pm
Business & Finance Attock Petroleum’s profit declines 33% Attock Petroleum Limited’s (APL) profit dropped 33% to Rs12.46 billion in fiscal year 2022-23 (FY23) ended June 30,... Published 29 Aug, 2023 06:02pm
Business & Finance Indus Motor Company’s profit falls 39% YoY to Rs9.66bn in FY23 Company declares final cash dividend of Rs29 per share Updated 28 Aug, 2023 10:10pm
Business & Finance Glaxo Pakistan sustains Rs321mn losses in 6MCY23 Rising cost of sales dent earnings Updated 28 Aug, 2023 10:11pm
Business & Finance BoP’s balance sheet surpasses Rs2trn mark in 1H2023 LAHORE: The Board of Directors of The Bank of Punjab convened on Friday, to review and approve the un-audited... Published 26 Aug, 2023 06:13am
Markets Pak Suzuki bleeds Rs9.68bn as losses in 6MCY23 as finance costs soar Company remained non-operational through much of the period, as it faced inventory shortages Updated 25 Aug, 2023 03:54pm
Business & Finance Engro Corporation’s half-year profit up 28% Pakistan’s conglomerate Engro Corporation Limited (ENGRO) posted a Profit After Tax (PAT) of Rs21.47 billion for the... Published 17 Aug, 2023 03:53pm
Print SECP directs listed cos to e-file financial statements ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has directed the listed companies to... Updated 13 Aug, 2023 09:54am
Business & Finance Meezan Bank’s profit jumps 92% in 6MCY23 Meezan Bank posted earnings of Rs32.91 billion for the first six months of year 2023, up 92% from the... Published 10 Aug, 2023 04:19pm
Business & Finance 6MCY23: Bank Alfalah’s profit jumps nearly 113%, dividend of Rs3 announced Bank Alfalah has posted a consolidated profit after tax of Rs18.63 billion in first six months of year 2023, which... Published 10 Aug, 2023 03:14pm
Markets MARI reports highest-ever profit of Rs56.13bn in FY23 Profit was up 70% year-on-year Published 09 Aug, 2023 12:55pm
Markets Lucky Cement’s earnings jump 63.5%, stand at over Rs59.5bn in FY23 Dividend of Rs18 announced for fiscal year 2022-23 Updated 08 Aug, 2023 05:22pm
Business & Finance Driven by historic growth in current deposits: MCB Bank posts highest-ever half yearly PBT of Rs53.84bn LAHORE: The Board of Directors of MCB Bank Limited (MCB) in its meeting under the chairmanship of Mian Mohammad... Published 03 Aug, 2023 05:54am
Business & Finance MMBL’s PBT up by 298pc in Q1 of 2023 ISLAMABAD: Mobilink Bank (MMBL) Wednesday reported its financial results for the first quarter of 2023, ... Published 11 May, 2023 05:54am
Business & Finance Shell Pakistan posts massive loss of Rs4.8bn in Jan-Mar quarter Shell Pakistan Limited (SPL), a subsidiary of Shell Petroleum Company Limited, announced a loss of Rs4.76 billion in... Published 04 May, 2023 06:04pm
Business & Finance Lucky Cement announces second buy-back of 23.8m of its own shares KARACHI: Following the successful completion of the first buy-back of 10.0 million shares, Lucky Cement Limited has... Published 03 May, 2023 06:35am
Business & Finance January-March 2023: Lucky Cement sees massive increase in profit Lucky Cement’s profit-after-tax clocked in at Rs30.21 billion, an increase of over 222% during the first quarter... Published 02 May, 2023 05:05pm
Business & Finance NBP’s strong performance with pre-tax profit of Rs62.7bn, 18.7pc up YoY with 36.2pc YoY growth, total assets reach Rs5.2trn KARACHI: The Board of Directors of National Bank of Pakistan (NBP) “the Bank” met to approve the annual ... Published 01 Mar, 2023 07:28am
Markets Unconsolidated: PSO reports loss of Rs4.56bn in 2QFY23 Pakistan State Oil Company Limited (PSO) on Friday reported its unconsolidated loss for the second quarter of fiscal... Published 17 Feb, 2023 04:19pm
Business & Finance Askari Bank reports 45% increase in profit after tax in 2022 Income from forex up 72% Updated 15 Feb, 2023 04:09pm
Print ‘Questionable’ write-offs: KE brushes aside ‘assumptions’ ISLAMABAD: K-Electric (KE) has brushed aside assumptions made in a letter written by one of its former Board members... Updated 14 Jan, 2023 08:43am
Business & Finance KE says will take ‘appropriate legal action’ on ex-board member’s letter Asad Ali Shah, in letter to PSX CEO, says KE's financial statements carried 'material misstatements' that made them 'misleading' Updated 13 Jan, 2023 07:22pm
Business & Finance Errors in financial statements: SECP penalises auditor of listed company ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has begun penalising listed companies and their... Published 22 Dec, 2022 05:57am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?