Toyota Indus Motor Company (IMC) Limited has posted a profit of Rs. 1.297 billion for the first quarter that ended… Read More
Machinery Import Restrictions are Hampering Exporters in Pakistan: WB Economist
The deceleration in trade is due to bottlenecks in activity, and restrictions to imports especially of machinery and spare parts… Read More
MCB Bank Sees a 12% Decline in 9 Months Profit After Tax
The profitability of the MCB Bank declined by 12 percent to Rs. 19.9 billion during the first nine months of… Read More
HBL Profits Dip 12% to Rs. 23.6 Billion Due to Higher Taxes
HBL today declared a consolidated profit after tax of Rs. 23.6 billion for the first nine months of 2022, a… Read More
Pak Suzuki Suffers Biggest Ever Loss in 3 Months
Pak Suzuki Motor Company Limited (PSMC) has announced a loss after tax of Rs. 2.48 billion for the third quarter… Read More
Rupee Loses Big Against GBP, EUR, USD As Default Fears Spoil ADB News
The Pakistani Rupee (PKR) reversed its 3-day winning streak against the US Dollar (USD) and posted losses during intraday trade… Read More
Telenor Pakistan Profits Grow 10.7% in Q3 2022
Telenor Pakistan, the country’s second-largest mobile operator, reported solid performance for the quarter that ended on September 30, 2022. According… Read More
Pakistan’s Default Risk Hits 13-Year High As Investors Lose Faith
Pakistan’s default risk entered alarming new levels on Monday when the cost of ‘insuring’ its sovereign debt widened to the… Read More
Systems Ltd. Sees a Staggering 102% Profit Growth in 9 Months of 2022
Systems Limited has recorded a staggering profit growth of 102 percent in the nine months of 2022 as compared to… Read More
Cost of Punjab Agri Project Increases by Over Rs. 15 Billion Due to Rupee’s Fall
The cost of the World Bank (WB) funded Punjab Resilient & Inclusive Agriculture Transformation (PRIAT) project has escalated by 27… Read More
FFBL Reports Massive 72% Decline in Profits During 9 Months of 2022
Fauji Fertiliser Bin Qasim Limited (FFBL) has announced the financial results for the nine months ended September 30 of the… Read More
OGDCL Profit Surges 58% to Rs. 53.3 Billion in Q1 FY2023
The Oil & Gas Development Company Limited (OGDCL) on Tuesday announced its financial results for the quarter that ended on… Read More
