Pakistan’s premier and pioneer Islamic financial conglomerate, Pak -Qatar Group has announced its financial results for the year ended December… Read More
Engro Corp’s Profits Decline by 41% to Rs. 8.79 Billion in Q1
Pakistan’s premier conglomerate, Engro Corporation Limited (PSX: ENGRO) announced its financial results for the three months that ended on March… Read More
Foreign Direct Investment Increased by 62% to $163.4 Million in March 2023
In March 2023, net foreign direct investment (FDI) in Pakistan increased to $163.4 million, which is a significant improvement from… Read More
Foreign Loans Decline by 39.1% in 9 Months Amid IMF Holdout
The government borrowed $7.764 billion from various financing sources during the first nine months of fiscal year 2022-23, compared to… Read More
Govt Caught Breaking IMF Mandated Rule By Borrowing Billions From State Bank
The State Bank of Pakistan (SBP) loaned Rs. 239 billion to the coalition government in the first two months of… Read More
Rupee Stable At 283.9 Against US Dollar
The Pakistani rupee (PKR) halted movement and was stable against the US Dollar today. The Pakistani rupee was largely stable… Read More
Fauji Cement Posts Profit of Rs. 6.96 Billion 9MFY23
Fauji Cement Company Limited (FCCL), one of the biggest cement manufacturers in the country, has announced its financial results for… Read More
Systems Limited Posts 51.4% Profit Growth in 2022
Systems Limited (PSX: SYS) had another good run with a 51.4 percent year-on-year (YoY) profit growth during the year ended… Read More
Pakistan’s Mobile Imports Down 71% in First 9 Months of FY23
The country imported mobile phones worth $462.701 million during the first nine months (July-March) of the current fiscal year 2022-23,… Read More
Rupee Rebounds Against US Dollar As Markets Take a Breather
The Pakistani rupee (PKR) reversed losses and posted encouraging gains against the US Dollar today. The Pakistani rupee was largely… Read More
Pak Suzuki Suffers Highest Ever Loss of Rs. 12.91 Billion in Q1
Pak Suzuki Motor Company Limited (PSMC) has announced its highest-ever loss after tax (LAT) of Rs. 12.91 billion in the… Read More
Sazgar Posts Impressive 1,689% Profit Growth in Q3 2023
Sazgar Engineering Works Limited (PSX: SAZEW) announced its financial results for the quarter that ended on March 31st, 2023 (3QFY23),… Read More
