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…
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 (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…
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…
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…
KalPay and Taleem Finance Company Limited have entered into a tripartite agreement with LUMS to allow students to manage their semester fees through convenient instalment plans. The agreement will enable…
Hub Power Company (HUBC) announced its 1QFY24 result wherein company reported profit to equity owners of Rs17bn (EPS of Rs13.17) up 88% YoY while down 29% QoQ. Along with the…
ISL reported 1QFY24 NPAT of PKR1.1bn (EPS: PKR 2.57), representing a sharp 2.5x YoY increase but lower by 42% QoQ. The result aligns with our projected NPAT of PKR 1.1bn…
National Refinery Limited (NRL) conducted its analyst briefing today to present investors with updates on their FY23 results and offer insights into the future outlook: More recently, the company, along…
Zindigi, the digital banking initiative powered by JS Bank, has signed another transformative collaboration with the Lahore Development Authority. LDA Director General Muhammad Ali Randhawa, is spearheading a major advancement…
Rewterz, a prominent cybersecurity company, proudly announces the appointment of Salman Khan as its new COO. With over 25 years of global technology leadership experience and a proven track record…
Morrow Batteries ASA ("Morrow") is receiving the first shipment of battery production equipment this week at the newly established container terminal in Arendal. The container ship "Thea II" arrived in…
The prestigious Johns Hopkins University, renowned for its contributions to medicine and research, has bestowed the coveted Distinguished Alumnus Award upon Dr Adil Haider, Dean of the Medical College and…
KATI President Faraz-ur-Rehman welcomed Secretary Excise, Taxation & Narcotics Control Department, Government of Sindh Atif Rehman and Director General Aurangzeb Akbar Panhwar and highlighted issues being faced by KATI members…
Mobilink Bank has signed a strategic partnership with BMA Capital Management Limited, one of Pakistan's oldest and top financial groups, welcoming the company as a 'Brand Ambassador Organization' to help…
SSGC's cyclist Mohammad Rizwan rode past his competitors to win the Sindh-Balochistan Feroz Saif Memorial Cycle Race 2023, organised by Sindh Cycling Association (SCA). Thirty-five local riders competed in the…
Sohail Nisar, the Senior Vice Chairman of the Pakistan Yarn Merchants Association (PYMA) and executive committee, have voiced their concerns about the imposition of anti-dumping duties on imported Polyester Filament…
PTCL Group, the largest ICT services provider in Pakistan refutes all claims and rumors regarding the financial health of U Microfinance Bank (Ubank) its wholly-owned subsidiary. Ubank is Pakistan's fastest-growing…
Atif Ikram Sheikh, the presidential candidate for FPCCI, expressed on Tuesday that expensive energy is constraining production and exports while burdening the lower-income population. He said that electricity and gas…
OPPO, a global technology leader renowned for its innovative smartphone solutions, continues its commitment to enhancing the customer experience with the monthly "OPPO Service Day" in Pakistan. This special event,…
Through its Higher Education System Strengthening Activity, the United States Agency for International Development (USAID) organized a strategic planning dialogue for Vice Chancellors of 16 Pakistani universities. Leaders from the…
The State Bank of Pakistan (SBP) released today its Annual Report on the State of Pakistan's Economy for the fiscal year 2022-23. According to the report, Pakistan's economy faced multiple…
Philip Morris (Pakistan) Limited (the Company) has released its financial results for the September 30, 2023 quarter, showcasing the impact of economic challenges and industry dynamics on its financial performance.…
In order to facilitate the IT exporters to boost the exports of IT and IT enabled services, SBP has increased the permissible retention limit of IT exporters from 35% to…
Nishat Power Limited (NPL) announced its 1QFY24 financial result today where the company posted a profit after tax (PAT) of PKR 1,457mn (EPS: PKR 4.12), up by 55% YoY compared…
National Resources Limited (NRL) has received an exploration lease for minerals in Chagai district, Balochistan. NRL, which is a subsidiary of YB Pakistan Limited, Reliance Commodities (Pvt.) Limited and Liberty…