MTL: Profitability to arrive at PKR 52.1/share in FY24
Millat Tractors Limited (MTL) is scheduled to announce its FY24 financial result soon. During FY24, we expect the company to post a profit after tax of PKR 10bn (EPS: PKR…
Millat Tractors Limited (MTL) is scheduled to announce its FY24 financial result soon. During FY24, we expect the company to post a profit after tax of PKR 10bn (EPS: PKR…
HCAR is expected to announce its financial result for the period ended 1QMY25 on 24th July'24, whereby we expect net profit to arrive at PKR 483mn (EPS: PKR 3.4), depicting…
Samina Fazil, founder and president of the Islamabad Women's Chamber of Commerce and Industry (IWCCI), said on Tuesday that people are increasingly anxious about exorbitant electricity bills. She added that…
Muhammad Kamran Arbi, President of the SITE Association of Industry, has demanded that the government seriously investigate the exorbitant electricity tariffs for all categories of consumers, particularly export and general…
Amsterdam and Karachi, 22 July 2024: VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that Jazz, its digital operator in…
§ Pakistan’s power generation recorded 127,259 GWh (14,504 MW) during FY24, down 2% YoY, primarily led by (1) a slowdown in overall economic activity and (2) lower demand amid rising…
The Aga Khan University Examination Board (AKU-EB) proudly announces its significant contribution to the development of the International Standards for Educational Assessment, which the International Association for Education Assessment (IAEA)…
foodpanda recently signed a partnership agreement with Dvago, Pakistan's largest network of Health & Wellness solutions. This collaboration brings Dvago's extensive range of products to foodpanda Shops, making it easier…
Weak open to the start of the week as politics continued to disrupt upside momentum 13 shares rose while 87 fell, with HUBC PA (-3.25%), ENGRO PA (-3.34%), and FFC…
Top representatives from the banking and fintech sectors and state regulators gathered to discuss ways and suggest implementable solutions to digital-based financing for supply chains for small and medium enterprises and…
Sheikh Khalil Qaiser, Chairman of the Pakistan Yarn Merchants Association (PYMA), along with Senior Vice Chairman Sohail Nisar, Vice Chairman Jaweed Khanani, and members of the Executive Committee, have urged…
As the State Bank of Pakistan's monetary policy meeting on July 29th, 2024, approaches, speculation is rife: will the SBP extend its recent easing policy or hold steady? We're expecting…
The chairman of the FPCCI Advisory Board and National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister…
Dubai Islamic Bank Pakistan Limited (DIBPL), a subsidiary of Dubai Islamic Bank, has partnered with ZLK Islamic Financial Services, Pakistan’s first Sharia-compliant brokerage firm. The MoU signing ceremony was held…
EFU General Insurance participated in the PakWheels Car Mela 2024 at the Karachi Expo Center. The full-day event received great footfall from car enthusiasts and genuine buyers, who got exposure…
A meeting was held under the chairmanship of Syed Syedain Raza Zaidi, chairman of KPT, in pursuance of the PriMinister’sr’s recent decision to decrease dwell time at ports and terminals,…
Telenor Microfinance Bank (TMB), the operator of Pakistan’s leading digital financial services platform easypaisa, has achieved a significant milestone by receiving the prestigious Payment Card Industry Data Security Standard (PCI…
EFU General has been honoured with the Shaukat Khanum Corporate Social Responsibility (CSR) Award for its outstanding contributions to the community. EFU General is committed to recognising and supporting institutions…
We expect headline inflation to be 10.5% in July '24, a significant decline from the 12.6% YoY inflation rate reported in June '24. The Jul'24 inflation figure provides an early…
Espoo, Finland—Nokia today announced that it has successfully completed its first 5G non-standalone (NSA) Cloud RAN trial with Bharti Airtel (Airtel) in India. The project supports Airtel's strategy of delivering…
Danish A. Malik, President of the Surjani Association of Trade & Industry Karachi (SATI), and executive committee members have demanded that the government terminate contracts with Independent Power Producers (IPPs)…
GUANGZHOU, China, July 22, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (the "Company" or "XPENG") and the Volkswagen Group are pleased to announce today that, further to XPENG's announcement dated April…
Al-Shifa Trust Eye Hospital, Pakistan's leading eye care facility, has announced the completion of an extension block in the Chakwal Eye Hospital, allowing it to cater to the needs of…
North American Association for South Asian Affairs (NAASAA) recently held an event in Karachi to facilitate Pakistani talent to showcase their skills worldwide. Speaking at the occasion, President NAASAA Dr…
We initiate Faysal Bank Limited (FABL) coverage with a target of PkR 100/share, valuing the bank at a PB of 1.46x based on its projected CY24 BVPS of PKR68.2/share. We…