Apple suffered the biggest decline of all.… Read More
Pakistan Govt Needs An Alarming 91% of Its GDP to Pay Off All Debts
The government has to spend around Rs 3.987 trillion during the fiscal year 2019-20 to retire principal and interest payments… Read More
Telecom Sector Remains One of the Top Investors in Pakistan: Economic Survey 2018-19
Telecom operators have invested a significant amount of US$ 200.1 million from July 2018 to March 2019. The main driver… Read More
PSX Showed a Mixed Trend Due to Govt’s Adjustments: Economic Survey 2018-2019
Over the past few decades, there has been an upsurge in capital market activity globally, mainly due to the emerging… Read More
Govt Publishes Economic Survey of Pakistan for 2018-2019
The government has officially released its Economic Survey of Pakistan report for 2018-2019. The report gives an overview of the… Read More
Askari Bank Posts a Profit Growth of 32% in Q1 2019
Askari Bank recorded a profitable Q1 2019 with a growth of 32 percent year-on-year. According to the financial results, the… Read More
Byco Petroleum Reports a 58% Drop in Gross Profits in First 9 Months of FY2019
Byco Petroleum’s gross profits fell by 58% to Rs 3.03 billion in the first nine months of the ongoing fiscal… Read More
Samsung’s Chip & Display Business Brings Down Profits Despite S10 Sales: Moody’s
Moody’s Investors Service says that Samsung weak Q1 2019 results are credit negative but have no immediate impact on the… Read More
Pakistan’s IT Exports Surge To $800 Million in Q3 FY19
The exports of IT and IT-enabled services have crossed the $800 million mark by the end of the third quarter… Read More
Amreli Steel Records a Huge Loss in Q3 FY2019
Amreli Steels Limited (ASTL) has announced its financial results for the third quarter that ended on March 31st 2019. The… Read More
Fauji Fertilizer Posts a 63.72% Higher Profit for Q1 2019
Fauji Fertilizer Company Limited, which is Pakistan’s largest urea manufacturing company, announced a profit of Rs. 3.70 billion for the… Read More
OGDCL’s Sales Balloon to Rs. 192 Billion from July 2018 to March 2019
Oil and Gas Development Company Limited (OGDC) has announced its financial results for a nine-month period, ending on March 31,… Read More
Standard Chartered Bank Posts 28% Profit Growth in Q1 2019
Standard Chartered Bank Pakistan has posted a handsome growth of 28.8 percent in the first quarter of 2019 compared with… Read More
Engro Corp to Invest Rs. 7.5 Billion in Telecom Sector Following Q1 Results
Engro Corporation Limited has announced an investment of up to Rs 7.5 billion in the telecom sector. The board of… Read More
Bank Alfalah’s Pre-Tax Profit Grows by 21% in Q1 2019
Bank Alfalah’s profit before taxation stands at Rs. 6.134 billion for the quarter that ended on March 31, up from… Read More
