The price of gold in Pakistan posted a marginal decline on Friday but stayed above Rs. 211,000 per tola. According… Read More
Askari Bank Posts Highest-Ever 9-Month Profit of Rs. 14.6 Billion
Askari Bank Limited has posted profit of Rs. 14.6 billion in the nine-month period that ended September 30, 2023. According… Read More
FBR De-Attaches Bank Accounts of Utility Stores Corporation
The Federal Board of Revenue (FBR) on Friday asked banks to de-attach the bank accounts of Utility Stores Corporation (USC).… Read More
SECP Issues Draft Guidelines on Voluntary ESG Disclosure for Listed Firms
The Securities and Exchange Commission of Pakistan (SECP) on Friday issued guidelines on ESG Disclosures, 2023 for listed companies. The… Read More
Election Commission Exempts FBR Officers from Election Duties
The Election Commission of Pakistan (ECP) has granted an exemption to the officers of the Federal Board of Revenue (FBR)… Read More
BankIslami Posts Staggering 197% Profit Growth in 9 Months of 2023
In the year 2023, BankIslami posted an astounding after-tax profit of Rs. 8.47 billion for the nine-month period that ended… Read More
Toyota IMC’s Profit Up 148% in Q1 FY24
Indus Motor Company Ltd. (PSX: INDU) has announced its 1QFY24 result today, wherein the company has posted profitability of Rs.… Read More
Govt Appoints 19-Member STZA Board of Governors
The federal government has approved the appointment of the 19-member Board of Governors of the Special Technology Zones Authority (STZA), a… Read More
Systems Limited Posts Profit of Rs. 7.1 Billion in 9 Months of 2023
Systems Limited (PSX: SYS) posted a 40 percent year-on-year (YoY) profit growth during the 9-month period ended 30 September 2023.… Read More
SIFC Orders Petroleum Division to Remove All Roadblocks in Qatar’s LNG Terminal Investment
The Special Investment Facilitation Council (SIFC) has ordered the Petroleum Division to remove all roadblocks in Qatar’s $200 million investment… Read More
Maple Leaf Cement Posts 18% Profit Growth in Q1 FY24
Maple Leaf Cement Factory Limited (PSX: MLCF) announced its financial result today, wherein the company reported consolidated earnings of Rs.… Read More
Askari Bank to Set Up Exchange Company
Askari Bank Limited (PSX: AKBL) is set to establish an Exchange Company with an authorized capital of Rs. 1 billion,… Read More
