The Pakistani rupee (PKR) reversed gains and posted losses against the US Dollar today. The Pakistani rupee was largely stable… Read More
Lucky Cement Earned Record Profit of Rs. 48.5 Billion Despite Tough Economic Conditions
Lucky Cement Limited achieved its highest-ever consolidated profit after tax of Rs. 48.5 billion for the nine months period ended… Read More
Faysal Bank Posts 51% Profit Growth in Q1 2023
Faysal Bank Limited, one of the prominent Islamic banks in Pakistan, has shown exuberant performance in the first quarter of… Read More
Pakistan Should Look Towards Asia-Pacific Alliance for IT Export Growth: Chairman P@SHA
Muhammad Zohaib Khan, Chairman of the Pakistan Software Houses Association (P@SHA), explained that the Pakistani IT industry has forged partnerships… Read More
Pakistan’s Corporate Profits Rise by 8.8% Despite Economic Issues
The profitability of the KSE-100 index has held up nicely in the financial year so far, posting Rs. 877.6 billion… Read More
Lucky Cement to Buyback 7.59% of its Shares in 2nd Buyback
Lucky Cement Limited (PSX: LUCK) has approved the decision to recommend a second buyback of up to 23.8 million or… Read More
Pakistan Can Expect Massive Job Cuts in Next 5 Years: WEF
The World Economic Forum (WEF) has released a report on trends and technologies that may affect the global job market,… Read More
Aga Khan Fund Shows Interest to Buy HBL Shares Worth Rs. 3.53 Billion
On Tuesday, Habib Bank Limited (PSX: HBL) informed the Pakistan Stock Exchange that its sponsor, the Aga Khan Fund for… Read More
Study Recommends In-Depth Audit of IPPs to Solve Pakistan’s Circular Debt Issue
The power sector of Pakistan is a mess and requires comprehensive and swift governance and policy reforms, said the Institute… Read More
K-Electric Reports Huge Losses of Rs. 39.4 Billion in First 9 Months of FY23
K-Electric (KE) reported a net loss of Rs. 39.4 billion in the nine-month period of FY23, compared with a net… Read More
Rupee Ends Week With Marginal Recovery Against US Dollar
The Pakistani rupee (PKR) reversed losses and posted small gains against the US Dollar today. The Pakistani rupee was largely… Read More
UBL Posts Highest-Ever Quarterly Profit of Rs. 14.4 Billion in Q1 2023
United Bank Limited (UBL) has posted an all-time high quarterly profit of Rs. 14.47 billion in the quarter that ended… Read More
