The Pakistani rupee rose second day in a row against the US Dollar today after opening trade at 279 in… Read More
National Bank Posts Highest Ever Annual Profit in 2023
National Bank of Pakistan posted a profit after tax of Rs. 53 billion in the calendar year ended December 31,… Read More
Toyota Indus Motors Posts 89% Profit Growth in First 6 Months of FY24
Indus Motors Company Limited (PSX: INDU) announced its financial result for 1HFY24 today. posting a profit after tax of Rs.… Read More
Security Papers Ltd Posts 122% Profit Growth in First Half of FY24
Security Papers Limited (PSX: SEPL) released its financial statement for the first six months of the fiscal year ending December… Read More
UBL Records Highest-Ever Annual Profit
United Bank Limited (PSX: UBL) has reported its highest-ever annual profit after tax of Rs. 56.47 billion for the calendar… Read More
Rupee Recovers Against US Dollar After Late Night Surprise
The Pakistani reversed losses against the US Dollar today after opening trade at 280 in the interbank market following some… Read More
Askari Bank Posts 53% Profit Growth in 2023
Askari Bank Limited (AKBL) has announced a profit after tax (PAT) of Rs. 21.5 billion for the calendar year 2023… Read More
Bank of Punjab Posts Rs. 11 Billion Profit in 2023
The Bank of Punjab (PSX: BOP) has announced a profit after tax of Rs. 11 billion for the calendar year… Read More
Typhoon Trip: Pak Rupee is Down 165% Since 2018 And Another 10% Crash is Next
The Pakistani rupee (PKR) has been one of the hardest-hit currencies globally. From a low of 105.18 in 2018, it… Read More
Rupee Falls But Manages to Stay At 279 Against US Dollar
The Pakistani rupee posted losses against the US Dollar today after opening trade at 281 in the interbank market. It… Read More
Power Generation Continues to Fall While Fuel Cost Increases By 23% in January 2024
Power generation in the country went down by 2 percent YoY to 8,313 gigawatts per hour (GWh) in January 2024,… Read More
Foreign Investment Outflow Hits 5-Year High in Pakistan
Pakistan witnessed net outflow of $173 million in January 2024, compared to $237 million in the same period last year.… Read More
