Millat Tractors post profit of Rs10.6bn in FY24, up 167% Millat Tractors Limited (MTL), Pakistan’s largest tractor manufacturer, reported a profit-after-tax (PAT) of Rs10.64... Updated 09 Sep, 2024 10:47pm
Business & Finance Despite auto sector’s slowdown, Indus Motor Company’s profit up 56% at Rs15.07bn in FY24 Indus Motor Company (IMC) reported a profit of Rs15.07 billion for the fiscal year that ended June 30, 2024 (FY24),... Updated 02 Sep, 2024 10:37pm
Markets National Refinery suffers massive Rs15.8bn loss in FY24 Despite higher revenue and lower finance cost, National Refinery Limited (NRL) registered a massive loss of Rs15.79... Updated 02 Sep, 2024 04:32pm
Business & Finance JS Bank records 511pc growth in 1H CY24 KARACHI: JS Bank, one of the fastest-growing banks in Pakistan, announced its financial performance for the first... Published 30 Aug, 2024 06:07am
Business & Finance 1H’24: NBP records total income of Rs96.8bn, up 5.1pc YoY KARACHI: The Board of Directors of National Bank of Pakistan “NBP” “the Bank” met on August 28 to approve the... Updated 30 Aug, 2024 04:18pm
Business & Finance Faysal Bank’s profit surges 60%, clocks in at Rs7bn in Apr-June Faysal Bank posted a consolidated profit after tax of Rs6.95 billion for the quarter ended June 30, 2024, nearly 60%... Updated 28 Aug, 2024 04:58pm
Business & Finance April-June: PTCL sustains Rs3.4bn in losses as finance cost bites Pakistan Telecommunication Company Limited (PTCL) sustained massive losses to the tune of Rs3.4 billion during the... Updated 28 Aug, 2024 04:59pm
Business & Finance Standard Chartered Pakistan’s profit marginally up YoY in 2QCY24 Standard Chartered Bank (Pakistan) Limited (SCBPL), a subsidiary of Standard Chartered Plc, posted earnings of... Published 27 Aug, 2024 03:30pm
Business & Finance JS Bank records 678% jump in consolidated profit in 2QCY24 JS Bank Limited (JSBL) posted massive earnings of Rs5.5 billion during the quarter ending June 30, 2024, up over... Published 27 Aug, 2024 01:14pm
Business & Finance SPL announces financial results for H1 24 KARACHI: The Board of Directors of Shell Pakistan Limited (SPL) announced half year results for the company. The... Published 27 Aug, 2024 06:44am
Business & Finance Shell Pakistan posts Rs1.1bn profit in Apr-Jun 2024, over 86% lower year-on-year Shell Pakistan Limited (SPL), a subsidiary of Shell Petroleum Company Limited, announced a profit of Rs1.13 billion... Published 26 Aug, 2024 02:41pm
Business & Finance H1’24: Soneri Bank announces PAT growth of 26.79pc YoY KARACHI: The Board of Directors of Soneri Bank Limited, in their 206th meeting held in Karachi on 23th August 2024,... Published 26 Aug, 2024 07:01am
Business & Finance Engro Corp’s quarterly profit down 61%, clocks in at Rs5.07bn in Apr-Jun Pakistan’s conglomerate Engro Corporation Limited (ENGRO) posted a consolidated profit-after-tax (PAT) of Rs5.07... Updated 22 Aug, 2024 10:40pm
Business & Finance EPCL suffers loss of Rs688mn in 2QCY24 Engro Polymers and Chemicals Limited (EPCL), a subsidiary of Engro Corporation Limited, sustained losses to the tune... Published 16 Aug, 2024 05:03pm
Markets Lucky Cement’s earnings jump 21% in 2024 Lucky Cement’s profit-after-tax amounted to Rs72.34 billion, an increase of over 21% during the year 2024, compared... Updated 09 Aug, 2024 10:22pm
Markets Mari Petroleum reports profit of Rs77.3bn in FY24, announces 800% bonus shares and dividend Mari Petroleum Company Limited (MARI), one of Pakistan’s largest E&P companies, posted a profit-after-tax (PAT)... Updated 08 Aug, 2024 09:16pm
Business & Finance Meezan Bank’s profit up nearly 55% in 2QCY24 Meezan Bank, the country’s largest Islamic bank, posted consolidated earnings of Rs26.89 billion for the second... Updated 08 Aug, 2024 09:44pm
Business & Finance MCB Bank posts highest-ever 1H PBT of Rs62.7bn KARACHI: The Board of Directors of MCB Bank Limited (MCB) in its meeting under the Chairmanship of Mian Mohammad... Published 08 Aug, 2024 07:00am
Markets MCB Bank posts earnings of Rs16.8bn in 2Q2024, up over 14% YoY MCB Bank Limited, one of Pakistan’s largest commercial banks, reported profit-after-tax (PAT) of Rs16.79 billion in... Updated 07 Aug, 2024 09:49pm
Business & Finance Year ended June 30, 2024: LCI announces 330pc final cash dividend KARACHI: Following the meeting of the Board of Directors, Lucky Core Industries Limited (the “Company”) ... Published 07 Aug, 2024 05:37am
Business & Finance Bank Alfalah earns Rs20.609bn PAT in first half of 2024 KARACHI: The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on Wednesday, approved the... Published 02 Aug, 2024 08:16am
Business & Finance Bank Alfalah’s profit jumps 53% in 2QCY24, clocks in at Rs12bn Despite lower net interest income, Bank Alfalah saw its consolidated profit jump to Rs12 billion during the quarter... Published 01 Aug, 2024 03:09pm
Business & Finance Engro Fertilizers’ earnings stand at Rs1.6bn in 2QCY24, up 57% YoY Engro Fertilizers Limited (EFERT), a wholly-owned subsidiary of Engro Corporation Limited, posted a profit after tax... Updated 31 Jul, 2024 03:39pm
Markets SNGPL posts Rs10.6bn in profit in FY23, largely flat year-on-year Sui Northern Gas Pipelines Limited reported a profit-after-tax of Rs10.56 billion during the financial year ending... Updated 26 Jul, 2024 07:13pm
Business & Finance Honda Atlas Cars’ profit-after-tax rises nearly 800%, clocks in at Rs2.33bn Despite massive decline in sales, the profit-after-tax (PAT) of Honda Atlas Cars (Pakistan) Limited (HCAR) rose... Updated 27 May, 2024 07:49pm
Business & Finance 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