Amreli Steels Limited (ASTL) reported an NLAT of PKR666mn (LPS: PKR2.24) in 3QFY24, compared to PKR462mn (LPS: PKR1.55) in the previous quarter. Due to lower-than-expected gross margins, the result was…
Al-Ghazi Tractors (AGTL) reported a 1QCY24 NPAT of PKR853mn (EPS: PKR14.72), up a strong 3.7x YoY, while remaining flat QoQ. The result was much lower than our projected EPS of…
U.S. Deputy Chief of Mission (DCM) Andrew Schofer, during his April 25-28 visit to Lahore, underscored the U.S. government's efforts to support Pakistan through the U.S.-Pakistan "Green Alliance" Framework to…
Governor State Bank of Pakistan (SBP), Mr Jameel Ahmad, has said that the firm commitment of the government and the SBP to respond to the macroeconomic challenges has resulted in…
Fakt Exhibitions (Pvt.) Ltd. will organise IGATEX PAKISTAN, an International Garment, Textile, Digital Printing Machinery, and Accessories Exhibition and Conference, from 1 to 4 May 2024 at Expo Centre Lahore. The…
Dr Murtaza Mughal, President of Pakistan Economy Watch (PEW), said on Sunday that economic reforms are only practical with political reforms. He said that financial reforms will only achieve goals other…
Former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr Shahid Rasheed Butt, said on Sunday that the country is facing a severe wheat crisis due to unnecessary…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Saturday that complete economic recovery…
A two-day conference on 'Social Entrepreneurship in Pakistan' organised by Accountability Lab Pakistan with the support of the U.S. Mission in Pakistan in partnership with the Pakistan-U.S. Alumni Network (PUAN)…
Engro Fertilizers (EFERT) management commented that the demand for urea would be 6.6 million tons in 2024, of which 6.4 million tons will be estimated for local production and 200k…
The academic council of Preston University (PU) Karachi formally decided to launch higher educations in four faculties and eight departments. After the reform of November 2023, the first academic council…
As Pakistan prepares to celebrate Eid-ul-Adha, one of the largest festivals in the Islamic calendar, preparations have begun for the grand opening of Asia’s Largest Cattle Mandi 2024 on May…
Ahsan Zafar Syed has assumed the office of President and CEO of Engro Corporation after Ghias Khan's seven-year tenure at the Group. He began his journey with Engro in 1991…
TikTok, the leading destination for short videos, has announced its first partnership with Coke Studio as the Official Entertainment Partner for Season 15. This collaboration marks a significant milestone as…
International Packaging Films Limited intends to raise PKR 1.47 billion by issuing 70.1 million shares to the public, representing 10.01% of its post-IPO paid-up capital at a Floor Price of…
In a groundbreaking move, Zindigi, powered by JS Bank & MyTM in collaboration with Cashin (KSA), has launched an innovative payment system specifically for Pakistani pilgrims, in line with Saudi…
President KATI called for the agricultural sector to be included in the tax net in the upcoming budget. He highlighted that despite constituting 30 percent of the Gross Domestic Product…
Due to gas supply shortages in SSGC's system, gas availability has decreased, resulting in the depletion of the line pack and low pressures in the system. Under clause # 14…
Coca-Cola has invested $22 million in the beverage sector, specifically in technology upgrades, capacity enhancement of its export potential, and employment for over half a million local professionals along its…
FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for Q1, 2024. Despite the challenging operating environment and economic slowdown, the company delivered strong topline growth of 21% (PKR 27.5…
inDrive, a leading ride-hailing company, is proud to announce the launch of the inDrive Rozgar initiative. This groundbreaking project aims to establish 100 SMEs (Small and Medium Enterprises) in Karachi,…
Pakistan State Oil (PSO), the leading energy company, maintained its industry dominance and demonstrated steady performance in 9MFY24.The company announced a net profit of PKR 13.4 billion, translating into earnings…
The Hub Power Company Limited (HUBC) is scheduled to announce its 9MFY24 financial result on 29th Apr'24. We expect the company to post consolidated earnings of PKR 48,214mn (EPS: PKR…
Millat Tractors Limited (MTL) announced its financial result for 9MFY24 today, posting a PAT of PKR 7,860mn (EPS: PKR 40.98), up by 3.7x YoY. During 3QFY24, the profitability of the…
According to Topline Pakistan Research, March is a significant month for Pakistan's Key Economic Indicators. Pakistan recorded a Current Account Surplus of US$619mn in March 2024 vs. US$537mn in the…