Pakistan’s foreign currency reserves have reached a negative amount after adjusting the external debts against net reserves.… Read More
UBL To Inject $9.4 million in Tanzanian Subsidiary
United Bank Limited (UBL) is planning to inject US $9.2 million in its subsidiary of Tanzania this year in order… Read More
Summit Bank Reports Huge Losses in 2017
Summit Bank has posted an unconsolidated loss of Rs 1.14 billion for the year that ended on December 31, 2017,… Read More
Pakistan Received $12.8 Billion in Remittances in First 8 Months of FY17-18
Overseas Pakistani workers remitted US $12,833.64 million in the first eight months (July to February) of FY18, showing a growth… Read More
Exports Continue to Grow Since June Last Year: Ministry of Commerce
Since June 2017, exports have continued to rise. During February 2018, exports have achieved the highest monthly growth yet in… Read More
Standard Chartered Bank’s Profits Down by 16% in 2017
Standard Chartered Bank’s profits declined to Rs. 8.25 billion in the calendar year 2017 as compared to previous year’s profit… Read More
Shell Pakistan’s Profits Drop by 58.63% in 2017
Shell Pakistan Limited (PSX: SPL) announced its financial results for the year that ended on December 31, 2017. The company… Read More
JS Bank Reports a Sharp Decline in Profits in 2017
JS Bank, a small bank and a subsidiary of a giant corporate entity, has reported a massive profit decline of 113%… Read More
Faysal Bank Posts Rs 4.5 Billion in Profit in FY17
Faysal Bank posted a profit of Rs 4.514 billion in the year that ended on December 31, 2017, up by… Read More
Unilever Foods Profits Up by 6.3% in FY 2017
The FMCG multinational, Unilever Pakistan Foods Limited (PSX: UPFL) has reported results for the year ended December 31, 2017. The… Read More
Bank Alfalah Profits Up by 8.5% in FY 2017
Bank Alfalah announces its financial results with a marked growth in profit thanks to increasing average earning assets and reduction… Read More
Ghandhara Industries Posts Rs 450 Million in Backed by Increased Vehicle Sales
Ghandhara Industries Limited posted a net profit of Rs 450.37 million in the 2nd quarter that ended on December 31,… Read More
