Pak Suzuki Motor Company Limited (PSMC) has announced its highest-ever loss after tax (LAT) of Rs. 12.91 billion in the… Read More
Sazgar Posts Impressive 1,689% Profit Growth in Q3 2023
Sazgar Engineering Works Limited (PSX: SAZEW) announced its financial results for the quarter that ended on March 31st, 2023 (3QFY23),… Read More
Rupee Reverses Gains Against US Dollar Despite Good News From IMF
The Pakistani rupee (PKR) failed to take advantage of last week’s drama and posted losses against the US Dollar today.… Read More
Engro Polymer’s Profit Declines by Staggering 75% in Q1 2023
Engro Polymer & Chemicals Limited (PSX: EPCL) has announced its financial results for the quarter that ended on March 31,… Read More
Engro Fertilizers’ Profit Declines by 20% in 1st Quarter of 2023
Engro Fertilizers Limited (PSX: EFERT) has reported a profit after tax (PAT) of Rs. 4.4 billion in the quarter that… Read More
Rupee Gains 3rd Day in a Row Against US Dollar
The Pakistani rupee (PKR) gained further ground against the US Dollar and posted big gains for the third consecutive day… Read More
IMF Chief Hopes to Complete Current Pakistan Program Successfully
Managing Director (MD) of the International Monetary Fund (IMF) Kristalina Georgieva said at a news briefing in Washington on Thursday… Read More
SBP Reserves Decline by $170 Million to $4.03 Billion
The foreign exchange reserves held by the central bank decreased by 4 percent on a weekly basis, according to data… Read More
Maersk-Backed Trucking Startup to Exit Pakistan Due to Severe Economic Crisis
Trucking startup Trella has decided to exit Pakistan where the economy is experiencing one of its worst crises, reported Bloomberg.… Read More
Rupee Gains 2nd Day in a Row Against US Dollar After Good News
The Pakistani rupee (PKR) rose further against the US Dollar and posted big gains for the second consecutive day during… Read More
Avanceon Sells Partnership Interest in US-based Entity to Octopus Digital for $1.5 Million
Avanceon Limited (PSX: AVN) has sold and transferred its partnership interest in Avanceon LP, a limited partnership in Pennsylvania, to… Read More
Rupee Defies Expectations to Gain Big Against US Dollar Despite IMF Downgrade
The Pakistani rupee (PKR) reverses losses against the US Dollar and posted big gains during intraday trade today. The Pakistani… Read More
