Topic

profits

When profits become harmful

Published 25 Feb, 2026 04:49am

Results matter. Numbers count. Margins speak. Bottom line is the topline. Financials are the headlines that occupy...

Indus Motor Company posts profit of Rs3.22bn in July-September, 148% higher YoY

Updated 27 Oct, 2023 10:55pm

Indus Motor Company (IMC) reported on Friday a profit of Rs3.22 billion for the quarter ended September 30, 2023, an...

iPhone maker Foxconn’s profits slump 56pc in Q1

Published 15 May, 2023 06:41am

TAIPEI: Profits for Taiwanese tech giant and key Apple supplier Foxconn fell 56 percent in the first quarter, it...

Banks, not savers, get paydays from deposits?

Published 08 May, 2023 06:40am

EDITORIAL: In a rising interest rate environment, some commercial banks have been trying to forcefully convert the...

Lloyds bank says profits soar on higher interest rates

Published 08 May, 2023 06:40am

LONDON: Britain’s Lloyds Banking Group said Wednesday that net profit jumped almost 50 percent in the first...

Maintenance dredging Pakistan’s responsibility: ‘91pc profit from Gwadar Port operations goes to Chinese firm’

Published 06 May, 2023 06:23am

ISLAMABAD: A parliamentary panel was informed on Friday that maintenance dredging of Gwadar Port is the...

ExxonMobil, Chevron report higher profits despite oil price dip

Published 02 May, 2023 05:59am

NEW YORK: US oil giants ExxonMobil and Chevron reported another quarter of heady profits Friday as both companies...

BioNTech profits soar in 2021 on global vaccine rollout

Published 30 Mar, 2022 06:28pm

FRANKFURT: German vaccine-maker BioNTech on Wednesday reported a multi-billion-euro windfall in 2021 from sales of...

Walmart reports solid Q4 profits on strong US consumer

Published 17 Feb, 2022 06:14pm

NEW YORK: Walmart reported better-than-expected quarterly profits Thursday as strong consumer demand during the...

ExxonMobil aims to double profits n restrained spending

Published 01 Dec, 2021 08:58pm

NEW YORK: ExxonMobil released a plan Wednesday that aims to double oil company's profits by 2027 as it expands...

Moderna sees fewer 2021 vaccine deliveries, shares drop

Published 04 Nov, 2021 08:44pm

NEW YORK: Moderna cut its 2021 forecast for Covid-19 vaccine deliveries on Thursday, pushing back some doses to next...

Shell Pakistan announces financial results for H1 2021

Published 27 Aug, 2021 04:52am

ISLAMABAD: The Board of Directors of Shell Pakistan Limited announced the half year 2021 financial results on...

Power generation projects: IT exemption on profits, gains causes Rs47bn loss

Published 14 Jun, 2021 03:39am

ISLAMABAD: The income tax exemption on the profits and gains of power generation projects set up in Pakistan has...

Microsoft has always sold Xbox consoles at a loss

Published 07 May, 2021 12:56pm

Microsoft does not earn any profit on sales of Xbox consoles alone, according to a Microsoft executive during the Epic Games v. Apple trial on Wednesday.

Pfizer raises 2021 sales forecast for Covid vaccines to $26bn

Published 04 May, 2021 06:58pm

Pfizer now sees profits of between $3.55 and $3.65 a share for the year, an increase of 45 cents from the previous estimate.

UBS profits up despite Archegos hit

Published 27 Apr, 2021 04:38pm

UBS profits for the first quarter were up 14 percent at $1.8 billion.

Novartis profits slide in Q1 on weak generic drugs

Published 27 Apr, 2021 04:32pm

At $2 billion (1.7 billion euros), the bottom line fell 5.0 percent year-on-year in January-March, even as revenues grew 1.0 percent, to $12.4 billion.

Asia-focused HSBC profits double as bank reverses credit losses

Published 27 Apr, 2021 04:04pm

"The economic outlook has improved, although uncertainties remain," he said.

Hyundai Motor net profits rocket 175pc in Q1

Published 22 Apr, 2021 04:52pm

Vehicle sales rose more than 10 percent to just over 1,000,000 units -- with revenues up eight percent, it added, as consumer sentiment rebounded.

BMW profits slump on pandemic shutdowns

Published 11 Mar, 2021 07:26pm

Revenues at the group, which also includes the Mini and Rolls Royce brands, fell five percent to 99 billion euros, it said in a statement.

Commerzbank confirms losses, eyes profits in 2021

Published 11 Feb, 2021 05:54pm

It added that it planned to raise its operating profits to around 2.7 billion euros by 2024, and resume dividend payments from 2023.

Electrolux profits boosted by lockdown DIY

Published 02 Feb, 2021 05:19pm

The Electrolux share price was up by 0.5 percent on the Stockholm stock exchange in mid-morning trading.

Revenues rose 18 percent to $11.7 billion.

Pandemic boosts profits at India's Infosys

Published 13 Jan, 2021 07:57pm

Quarterly revenue at India's second-largest IT company climbed 12.3 percent to 259.27 billion rupees from a year ago.

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 20	316.15
Diesel/Litre / Jul 20	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

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