Bears wreaked havoc at Pakistan Stock Exchange (PSX) today as equities witnessed a panic-struck sell-off on Tuesday amid severe political… Read More
Fauji Cement Posts Profit of Rs. 7.4 Billion in FY23
Fauji Cement Company Limited, which is one of the biggest cement manufacturers, has announced its financial results for the year… Read More
Rupee Crashes 6th Day in a Row Against US Dollar, British Pound
The Pakistani rupee continued its decline against the US Dollar today after opening trade at 303.66 in the interbank market.… Read More
Attock Petroleum Profits Down by 33% in FY23
Attock Petroleum Limited (APL) has announced a profit after tax of Rs. 12.46 billion for the financial year that ended… Read More
Profit Repatriation Sees Massive 87% Drop during July
Foreign company repatriation of dollars fell 87.3 percent in July 2023, mirroring low profits and pro-IMF capital controls to address… Read More
Systems Limited Posts 79% Profit Growth in First 6 Months of 2023
Systems Limited (PSX: SYS) had another good run with a massive 79 percent year-on-year (YoY) profit growth during the half… Read More
Debt-Ridden PIA’s Losses Spike Above Rs. 64 Billion in H1 2023
Pakistan International Airlines’ (PIA) losses surged to Rs. 64.048 billion in the half-year that ended on June 30, 2023, compared… Read More
Rupee Crashes 5th Day in a Row Against US Dollar, Other Currencies
The Pakistani rupee continued its decline against the US Dollar today after opening trade at 299.5 in the interbank market.… Read More
Hellish Rupee Crash Piles Up More Misery With Petrol Likely to Go Above Rs. 300 This Week
Oil Marketing Companies and consumers are expecting another big hike in the pump price of Motor Spirit (MS) and High-Speed… Read More
Toyota IMC See Massive 38.8% Decline in Profits for FY23
Indus Motor Company Limited (PSX: INDU) has announced its financial results for the year that ended on June 30, 2023.… Read More
Bleeding PIA Wants Another Bailout Package Worth Rs. 23 Billion
Pakistan International Airlines (PIA) has requested yet another bailout package worth Rs. 23 billion from the government in order to… Read More
Rupee Falls to New All-Time Low Against US Dollar 4th Day in a Row
The Pakistani rupee dropped to a new record low against the US Dollar today, making history after opening trade at… Read More
