Pak Suzuki Motor Company Limited’s (PSMC) profits declined 30.8% to Rs 904.14 million in the quarter ended March 31 2018… Read More
Allied Bank Records Higher Profits Despite Losing Employee Pension Case
Allied Bank posted a profit of Rs 3.77 billion in the first quarter of 2018, which is up 4.72% from… Read More
Ghandhara Industries Posts a Massive 76.5% Increase in Profits in Q3 FY2017-18
Ghandhara Industries Limited posted a net profit of Rs 354.19 million in the third quarter that ended on March 31,… Read More
Fauji Fertilizer Bin Qasim Posts a Loss of Rs. 449 Million in Q1 2018
Fauji Fertilizer bin Qasim Limited (FFBL) has announced financial results for the three months period ending 31st March, 2018, reporting… Read More
Rupee Falls to An All Time Low Against US Dollar
After the government confirmed that there was no further need to depreciate the value of rupee, the local currency has… Read More
Engro Corp Reports 62% Jump in Profits for Q1 2018
Engro Corporation’s profit rose 62.23% to Rs. 6.83 billion in the quarter ended March 2018, mainly due to a marked… Read More
PSO’s Profits Increase by Over 13% in Q3 FY2017-18
Pakistan State Oil’s (PSO) profit soared by 13.53% to Rs 4.70 billion for the quarter that ended on March 31,… Read More
Pakistan Doesn’t Need to Devalue Rupee in the Near Future: Miftah Ismail
Adviser to Prime Minister on Finance, Miftah Ismail, has said that Pakistan does not need any further devaluation of rupee… Read More
Engro Fertilizer Posts a Massive 138% Increase in Net Profit During Q1 2018
Engro Fertilizers (EFERT) – a subsidiary of Engro Corporation, one of the largest conglomerates in Pakistan – reported a net… Read More
Newly Constituted PSX Board Holds Its First Meeting
The newly constituted board of the Pakistan Stock Exchange (PSX) has held its first meeting on Thursday. Twenty names were… Read More
Askari Bank Posts a 12.2% Profit in Q1 2018
Askari Bank announced its first-quarter results on Thursday as the profit after tax of the bank was up by 12.2%… Read More
Pakistan’s New Shariah Regulations for Islamic Banks Are Credit Positive: Moody’s
Moody’s has reported that the adoption of new Shariah standards will help widen the issuer base and increase the availability… Read More
