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
Business & Finance JS Bank registers massive 376% jump in profit in 1QCY24 JS Bank Limited (JSBL) posted massive consolidated profit of Rs4.2 billion during the three months ended March 31,... Updated 26 Apr, 2024 09:31pm
Markets Share acquisition: Thal Limited to commence talks with SECMC stakeholders Thal Limited (THALL) has decided to engage in discussions with the Pakistani shareholders of Sindh Engro Coal Mining... Updated 25 Apr, 2024 09:47pm
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
Markets Despite lower finance cost, National Refinery posts Rs2.87bn loss in 3QFY24 Despite higher revenues and lower finance cost, National Refinery Limited (NRL), the country’s only lube refinery,... Updated 25 Apr, 2024 09:06pm
Markets The Organic Meat Company secures another $4mn export contract to UAE firm Pakistani meat processor The Organic Meat Company Limited (TOMCL) said it has secured another multi-million dollar... Updated 25 Apr, 2024 10:29pm
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 ‘Strong performance’: Standard Chartered explains reason for increase in share price Standard Chartered Bank (Pakistan) Limited (SCBPL), a subsidiary of Standard Chartered Plc, said on Tuesday that the... Updated 24 Apr, 2024 10:16pm
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
Markets KSE-100 edges lower in range-bound session The Pakistan Stock Exchange (PSX) witnessed a range-bound session on Tuesday, as its benchmark KSE-100 Index closed... Updated 23 Apr, 2024 06:49pm
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 PPL sees significant boost in oil & gas production Pakistan Petroleum Limited (PPL) has registered a significant increase in hydrocarbon production from its wells... Updated 22 Apr, 2024 04:06pm
Markets First oil discovery made in Mari D&PL Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, has discovered... Published 22 Apr, 2024 02:49pm
Markets In a first, KSE-100 shoots past 71,000 after 524-point gain The Pakistan Stock Exchange (PSX) closed at a fresh record high on Monday as its benchmark KSE-100 Index closed over... Updated 22 Apr, 2024 08:14pm
Markets KSE-100 ends marginally lower, still above 70,000 The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed marginally lower by 43 points, as investors chose... Published 18 Apr, 2024 06:28pm
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
Markets MARI successfully drills another appraisal well in Sindh Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, has successfully... Updated 18 Apr, 2024 04:31pm
Markets Ali Rathore set to take charge as CEO Engro Fertilizers Limited The Board of Directors of Engro Fertilizers Limited (EFERT) has approved the appointment of Ali Rathore as the... Updated 17 Apr, 2024 10:14pm
Business & Finance Dhaka-based Bank Asia looks to acquire Bank Alfalah Bangladesh In PSX notice, Bank Alfalah says it will now seek SBP approval for Bank Asia to commence due diligence on its Bangladesh entity Updated 17 Apr, 2024 06:14pm
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 Attock Cement completes expansion of production capacity by 1.28mn tons Attock Cement Pakistan Limited (ACPL), a subsidiary of Pharaon Investment Group Limited Holding S.A.L, Lebanon, said... Updated 16 Apr, 2024 06:50pm
Markets ‘Leak of corporate data’: Cyber-attack hits Pak Suzuki Motor Company Company says its data related to HR, financials port out to public IP Updated 15 Apr, 2024 09:01pm
Business & Finance Bank Alfalah submits public intention to acquire majority stake in Samba Bank Bank Alfalah Limited, one of Pakistan’s largest commercial banks, has submitted a public intention to acquire a... Updated 15 Apr, 2024 10:44pm
Markets Another record high: KSE-100 closes 230 points higher despite early selling pressure The KSE-100 Index closed the trading session on Monday in the green as it recovered from the selling pressure... Updated 15 Apr, 2024 05:43pm
Technology Acquisition of Telenor Pakistan: PTCL says IFC approves $400mn debt financing The Board of Directors (BoD) of International Finance Corporation (IFC) – a member of the World Bank Group – has... Updated 08 Apr, 2024 10:33pm
Markets 2023: Pak Suzuki bleeds Rs10.07bn in losses as sales plunge Pak Suzuki Motor Company (PSMC) sustained massive losses to the tune of Rs10.07 billion in 2023 due to a steep... Updated 08 Apr, 2024 10:33pm
Markets OGDCL discovers tight gas reserves in Sindh Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production company, has... Updated 08 Apr, 2024 04:50pm
Markets PSX to be closed on Friday (April 5, 2024) Pakistan Stock Exchange Limited (PSX) will remain closed on Friday, April 05, 2024 on account of Jumua-tul-Wida. “It... Published 02 Apr, 2024 02:27pm
Business & Finance Captain Muhammad Mahmood (retd) appointed PTCL chairman The Board of Directors of Pakistan Telecommunication Company Limited (PTCL) has appointed Captain Muhammad Mahmood... Updated 01 Apr, 2024 06:48pm
Markets KSE-100 retreats from record high but still closes above 67,000 The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 closed lower on Friday as traders took a breather after the... Updated 29 Mar, 2024 09:15pm