The Energy Task Force has successfully renegotiated deals with eight bagasse-fired Independent Power Producers (IPPs), which will potentially save the… Read More
Rupee Slips 2nd Consecutive Day Against US Dollar
The Pakistani rupee (PKR) posted small losses against the US Dollar (USD) to start the week after opening trade at… Read More
Engro Polymer Posts Rs. 2.28 Billion Loss for 9 Months of 2024
Engro Polymer & Chemicals Limited (EPCL) announced its 9MCY24 financial result today where the company posted a loss of Rs.… Read More
Fauji Foods Posts Rs. 560 Million Profit in 9 Months of 2024
Fauji Foods Limited (PSX: FFL) has posted a Rs. 560 million profit for the nine months that ended on September… Read More
Pakistan Has Utilized Only 9% of Funds Received for Rehabilitation in Balochistan
The federal government has spent only $20.2 million (9 percent) out of $220 million of donor funding for post-flood recovery… Read More
Foreign Direct Investment Up 48% in Q1 FY25
The net Foreign Direct Investment (FDI) in the country stood at $771 million in July-September 2024-25, up 48 percent over… Read More
Systems Limited Profit Down 24% in 9 Months
Systems Limited (SYS) today unveiled the financial result for 9MCY24 posting a consolidated profit after Tax (PAT) of Rs. 5,432… Read More
IT Exports Up By 42% in September 2024
The country’s information technology and IT-enabled services (ITeS) export remittances comprising computer services and call center services went up by… Read More
Rupee Down Against US Dollar, Other Major Currencies Once Again
The Pakistani rupee (PKR) posted small losses against the US Dollar (USD) to start the week after opening trade at… Read More
Pakistan’s Current Account Posts $119 Million Surplus in September 2024
Pakistan’s current account posted a surplus of $119 million in September 2024 compared to a deficit of $218 million in… Read More
Meezan Bank Posts Massive Rs. 78.3 Billion Profit For 9 Months of 2024
Meezan Bank Limited (PSX: MEBL) reported its 9MCY24 earnings at Rs. 78.3 billion, marking a 34 percent YoY increase. For… Read More
Pakistan Imported Mobile Phones Worth $246 Million in Q1 FY25
The country imported mobile phones worth $246.472 million in the first quarter (July-September) of the current fiscal year 2024-25, registering… Read More
