Additional Inspector General of Police Ghulam Nabi Memon has said that Karachi, which was ranked 6th in the list of world's most dangerous cities in 2013, descended to 64th position…
State Bank of Pakistan (SBP) has developed a Digital Bank draft Regulatory Framework for public consultation. The proposed Framework has been shared with the industry and placed on the SBP's…
The Speaker National Assembly of Pakistan, Mr. Asad Qaiser, led a Parliamentary delegation to participate in the Fourth Conference of Speakers of Parliaments on "Countering Terrorism and Strengthening Regional Connectivity"…
LRBT is the largest provider of free eye care in Pakistan. It has so far treated over 46 million patients through its network of 75 facilities. LRBT recently held its…
The news regarding the efforts of UAE for the mediation between the Pakistan and India is the talk of the town. After Pakistan and India had recommitted themselves to the…
Likee, a global short video platform with headquarters in Singapore, has been growing in popularity in Pakistan, and has now risen 14 places in rankings. According to AppAnnie, the leading…
Mr. Zahid Mazhar, Sr. Vice Chairman, All Pakistan Textile Mills Association (APTMA) has out rightly rejected the statements appearing in the media from Pakistan Hosiery Manufacturers Association and Pakistan Textile…
Fauji Cement Company Limited (FCCL) has informed Pakistan Stock Exchange (PSX) that consequent to construction activity picking up and significant spend on infrastructure, expected to continue, the Company's board of…
With a resolute vision set ahead to promote PROTON – The Malaysian Automobile manufacturer in Pakistan, Alhaj Automotive Private Limited in a recently concluded ceremony roped in flamboyant all-rounder and…
Due to the staggering growth of diabetic patients coupled with the comparatively low scale of awareness among the masses, Roche Diabetes Care has taken a groundbreaking initiative in collaboration with…
President Karachi Chamber of Commerce & Industry (KCCI) M. Shariq Vohra has assured members of KISMA delegation that the Karachi Chamber, in KCCI's Proposals for Federal Budget 2021-22, will certainly…
· Market saw aggressive selling today after spate of financial result announcements which had consistent earnings but declared lesser dividends than anticipated. Banking sector saw major attrition today, however, profit…
Meezan Bank Limited announced (MEBL) announced below expected earnings of PKR 2.9/sh (down 2.6/36.2% on YoY/QoQ), taking CY20 earnings to PKR 15.7/sh (up 45.5% YoY). Reason behind the decline in…
The Karachi Port Trust handled 119,804 tons of cargo comprising 86,051 Tones of import cargo and 33,753 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…
President of Korangi Association of Trade & Industry (KATI) Saleem-uz-Zaman has termed the increase in foreign remittance encouraging for the country and urged the government to take the initiative to…
Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Thursday welcomed unprecedented increase…
Pakistan Telecommunication Company Limited (PTCL) has established its official presence on WhatsApp to better connect with customers and provide them with a convenient and customer friendly communication platform. To start…
Greenstar Social Marketing (GSM) has signed a strategic collaboration with Muller & Phipps (M&P) Pakistan, one of the leading international distributing house, to continue to serve as the logistics partner.…
ILMA University moved ahead to strengthen the academic unity and community as it signed a strategic MoU with DHA Suffa University. This was a progressive stride in the expansion of…
Pakistan State Oil (PSO) has posted a NPAT of PKR4.4bn (EPS PKR9.32) for 2QFY21, down 15% qoq but up 51% yoy (greater inventory losses last year). The result is below…
The United States Government, through the U.S. Agency for International Development (USAID), in collaboration with the Government of Punjab, opened the 2021 Pakistan Water Conference today to highlight the challenges…
Engro Corporation Limited (ENGRO) posted consolidated earnings of PKR 6.8Bn (EPS:PKR 11.7) in 4QCY20, up 1.9x YoY today. This takes the aggregate profitability for CY20 to PKR 25.1Bn (EPS: PKR…
Allied Bank Ltd (ABL) has posted consolidated 4QCY20 NPAT of PKR5.7bn (EPS: PKR5.02), up a sharp 18%yoy and 38%qoq. This takes CY20 NPAT to PKR18.4bn (EPS: PKR16.05), up 27%yoy. The…
FFBL posted an NPAT of PKR2.2bn for CY20 (EPS: PKR1.70) – massive improvement vs NLAT of PKR5.9bn in CY19 (LPS: PKR4.59). On a consolidated basis, FFBL posted PKR6.45bn (EPS: PKR4.99)…
Pakistan Telecommunication Company Ltd held its corporate briefing session in which the management discussed the CY20 financial performance. Highlights · The consolidated profitability during CY20 witnessed a surge of 38%…
