PSO posted 20% increase in gross salas revenues at Rs. 1.3 trillion and Rs. 15.5 billion in profits after tax… Read More
Silk Bank Records Handsome Profit of 55% in H1 2018
Silk Bank steadied its strong recovery from losses as it made a profit of 55 percent in the first half… Read More
Engro Fertilizers Posts a Notable 59% Increase in Profit During H1 2018
Engro Fertilizers Limited (EFERT) has announced a comprehensive profit of Rs 6.52 billion for the first half of 2018, up… Read More
Banking Industry Fails To Achieve Rs. 1 Trillion Target of Agri Credit
Pakistan banking industry failed to achieve an ambitious target of Rs. 1 trillion for agriculture credit set by the State… Read More
Huawei Reports Record Smartphone Sales in H1 2018
Huawei has risen to become the world’s second largest smartphone manufacturer with a robust Q2 2018 performance. Huawei Consumer Business… Read More
HBL Profits Down by 48% in H1 2018
As major banks suffered a significant profit cut, Habib Bank Limited also recorded a 48 percent decline in its profitability… Read More
Pakistan’s Foreign Exchange Reserves Grow By $1.3 Billion
Pakistan foreign exchange reserves improved surprisingly as it received inflows of more than $1.33 billion in the last week of… Read More
SECP Registers 1,076 New Companies in July
The Securities and Exchange Commission of Pakistan (SECP) registered 1,076 new companies in July. Compared to the corresponding month of the last… Read More
MCB Bank Crosses the Rs. 1 Trillion Deposits Milestone
MCB Bank has crossed the mark of Rs. 1 trillion deposits, becoming the fourth bank in Pakistan to reach the… Read More
UBL Posts Earnings Well Below Market Expectations for Q2 FY 2018
United Bank Limited (UBL) posted earnings of Rs 3.62 billion in April-June 2018, down by 40% from Rs 5.98 billion… Read More
Lucky Cement Posts a Profit of Rs. 14.8 Billion in FY 2018
Lucky Cement recorded a consolidated net profit of Rs 14.82 billion after taking out Rs. 1.35 billion attributable to non-controlling… Read More
Al-Ghazi Tractors Announces Another Profitable Quarter in 2018
Al-Ghazi Tractors Limited (AGTL) reported earnings of Rs 718 million in the second quarter that ended on June 30, up… Read More
Pakistan’s Current Account Deficit Reaches an All-Time High of $18.9 Billion
Pakistan’s Current Account Deficit (CAD) has swelled to reach an all-time high of $18.9 billion in the outgoing financial year… Read More
Pakistan’s Net FDI Grows By 99% in FY18
Pakistan’s net Foreign Direct Investment (FDI) showed a growth of 99 percent in the financial year 2017-18 when compared with… Read More
Daily Stock Report: Market Suffers Biggest Drop in a Day in 2018 So Far
A bloodbath was seen at the Pakistan Stock Exchange (PSX) today, with the benchmark KSE-100 index suffering the biggest intra-day… Read More
