Indus Motor Co. a DPS of PKR24.50 accompanied the 1QFY24 result.
Indus Motors Ltd (INDU) has reported 1QFY24 NPAT of PKR3.2bn (EPS: PKR40.91), down 16% QoQ but up 2.5x YoY. The result was higher than our estimated NPAT of PKR2.2bn (EPS:…
Kot Addu Power Company’s PPA is currently in the process of renewal.
KAPCO - FY23 Analyst Briefing Takeaway Kot Addu Power Company Limited (KAPCO) conducted its analyst briefing today to present investors with updates on their FY23 results and offer insights into…
Need to devise a legal framework to control shipping lines, terminal operators stressed
Members of a delegation from Karachi Customs Agents Association (KCAA) led by President KCAA Arshad Khurshid requested Karachi Chamber to approach the government for safeguarding the interests and rights of…
Descon Engineering and Engro Polymers enter into MoU for Asset life cycle Management.
Descon Engineering Limited (DEL) and Engro Polymer & Chemicals Limited (EPCL) are proud to announce the signing of a Memorandum of Understanding (MoU) to further enhance their more than three…
Standard Chartered Pakistan delivers a record operating profit.
Highlights: Profit before tax of PKR 63.0 billion, up 73 per cent year on year Highest ever revenue of PKR 76.9 billion, growth of 70 per cent year on year…
150 COs, including Chinese firms and Iranian manufacturers, to participate in Pakistan Auto Show-2023, in Karachi tomorrow
More than 150 companies, including several Chinese firms and Iranian automotive parts manufacturers, are set to participate in the Pakistan Auto Show which is to be held in Karachi from…
easypaisa , EFU Life , and Roche unite to pioneer Cancer Awareness and Care
In honor of World Breast Cancer Day, easypaisa, EFU Life Assurance Ltd., and Roche joined forces to unveil an innovative "Cancer Cover Plan." This pioneering initiative reflects the partners' unwavering…
SBP’s reserves decreased by US$ 220 million
The total liquid foreign reserves held by the country stood at US$ 12,655.6 million as of 20-Oct-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
Bank Alfalah records an impressive profit growth.
The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on October 26, 2023, approved the Bank's financial results for the period ending September 30, 2023. Bank…
OICCI launches 2nd Pakistan Climate Conference to propose solutions for Pakistan’s climate emergency
The Overseas Investors Chamber of Commerce and Industry (OICCI) unveiled details for the Pakistan Climate Conference (PCC) 2023, scheduled to take place on November 1, 2023. This is the second…
Unleashing innovation: Exploring the future at GITEX Dubai
This year's GITEX GLOBAL marks the 43rd iteration of the world's most renowned massive exhibition. It serves as a hub for technology innovators, investors, and enthusiasts to collaborate for over…
TikTok releases its Q2 2023 Community Guidelines
TikTok, the leading destination for short videos, has released its latest Community Guidelines Enforcement Report for the second quarter of 2023 (April-June 2023), furthering its dedication to combat misinformation and…
Inflation is set to surge due to a dramatic rise in gas prices.
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Thursday that the global…
PM appealed not to accept ECC’s decision to gas tariff hike
The Karachi Chamber of Commerce & Industry (KCCI) and all seven industrial town associations of the city, while unanimously terming the extortionate hike in gas tariffs for export-oriented and general…
Bank Al Habib 3QCY23 result highlights
BAHL has reported stellar 3QCY23 NPAT of PKR11.4bn (EPS: PKR10.24), more than double YoY and 50% QoQ. The result is much better than our estimated 3Q EPS of PKR7.90/sh, with…
KATI praises the appointment of Uzair Essani as a member of the Sindh Industrial Liaison Committee by Governor Sindh
Faraz-ur-Rehman, President of the Korangi Association of Trade Industry (KATI), extended warm congratulations to Uzair Essani, the distinguished entrepreneur and CEO of Essani Group of Companies, on his appointment as…
TCL Pakistan opens 4th flagships in Lahore
Pakistan's leading LED TV brand, TCL Pakistan, is delighted to announce the opening of its 4th flagship store in Lahore, located at Shadewal Chowk in Johar Town. Committed to providing…
MCB posts an impressive increase of 71% in PAT 9MCY23
The Board of Directors of MCB Bank Limited (MCB) in its meeting under the Chairmanship of Mian Mohammad Mansha, on October 25, 2023, reviewed performance of the Bank and approved…
APLF ASEAN kicks off today at the Queen Sirikit National Convention Centre (QSNCC) in Bangkok
APLF ASEAN kicks off today at Bangkok's Queen Sirikit National Convention Centre (QSNCC). Over the next three days, from 25 - 27 October 2023, this platform will bring together a…
National Bank of Pakistan announced earnings (PAT) today for 3QCY23 at PKR 12.3bn (EPS: PKR 5.78).
NBP announced earnings (PAT) today for 3QCY23 at PKR 12.3bn (EPS: PKR 5.78), depicting an increase of 76% YoY while down 22% QoQ (3QCY22 EPS: PKR 3.29). While the rise…
Habib Bank Limited saw unprecedented profitability (PAT) in 9MCY23
HBL reported its 3QCY23 earnings at PKR 16.6bn (EPS: PKR 11.34), showing an impressive 44% YoY and 28% QoQ increase. The YoY earnings' increase was driven by the expansion of…
MCB Bank gives away an interim dividend of PKR8.0/sh
MCB has posted consolidated 3QCY23 NPAT of PKR19.6bn (EPS: PKR16.57), up 112% YoY and 34% QoQ. This takes 9MCY23 NPAT to PKR48.2bn (EPS: PKR40.70), up 134% YoY. The result is…
Millat Tractors posts (EPS: PKR 12.80) in 1QFY24
Millat Tractors (MTL) reported a consolidated NPAT of PKR2.4bn (EPS: PKR 12.80) in 1QFY24, up 4.5x YoY and 92% QoQ. The result was slightly higher than our expected NPAT of…
NCPL delivered 386Gwh during the outgoing year (vs. 882Gwh during FY22)
Nishat Chunian Power Ltd (NCPL) conducted its analyst briefing today to present investors with updates on their FY23 result and offer insights into the future outlook: · Company's long-term debt…
Govt should step up as existing facilities are insufficient to handle the influx of patients.
With the rising population and an increase in average age, the number of cataract patients is increasing in the country, said Al-Shifa Trust Eye Hospital on Wednesday. The population is…