Pakistan's largest telecom and integrated ICT services provider, PTCL Group (PTCL and Ufone 4G) has launched its first-ever Group Anthem #TayyarHo showcasing the employees' commitment to serving customers with unparalleled…
In 3QFY23, Unity Foods Limited (UNITY) posted a loss of Rs0.17/share, as compared to an EPS at Rs0.74/share in 3QFY22. This takes 9MFY23 earnings at a loss of Rs0.69/share, as…
Habib Bank Limited (HBL) posted its 1QCY23 earnings earlier today, where the bank announced NPAT of PkR13.3bn (EPS: PkR9.0)-in line with our estimates. The earnings showed growth of 23%QoQ and…
Fatima Fertilizer Company Limited (FATIMA) announced its 1QCY23 result today, where the company posted NPAT of PkR4.3bn (EPS: PkR2.06), remaining flat on a QoQ basis while decreasing by 24% on…
Minister of Planning, Development and Special Initiatives, Professor Ahsan Iqbal complimented Overseas Investors Chamber of Commerce and Industry (OICCI) for compiling a comprehensive OICCI Digital Report, titled, "Recommendations for Digital…
The total liquid foreign reserves held by the country stood at US$ 10,024.3 million as of 20-Apr-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
The Board of Directors of MCB Bank Limited (MCB), in its meeting held under the Chairmanship of Mian Mohammad Mansha on April 27, 2023, reviewed the performance of the Bank…
Nestlé Pakistan reported first quarter sales, for 2023, of PKR 49.5 billion. The figures reflect a growth of 31.3% compared to the same period last year. The operating profit also…
· A bullish trend at the PSX continued today. The benchmark KSE-100 index opened with positive momentum and continued to trade in green throughout the day, reaching an intraday high…
Fauji Fertilizer Company Limited (FFC) announced its 1QCY23 result today, where the company posted an unconsolidated NPAT of PkR7.7bn (EPS: PkR6.1), an increase of 48%QoQ and 24%YoY and in line…
Highlights: Profit before tax of PKR 16.1 billion, up 37 per cent year on year Total revenue of PKR 20.4 billion, growth of 43 per cent Healthy increase in net…
The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on April 27, 2023, approved the Bank's financial results for the quarter ended March 31, 2023. The…
Bank Alfalah Limited (BAFL) announced its 1QCY23 results today reporting above expected earnings of PKR 10.7Bn (EPS: PKR6.8), ↑114/161% YoY/QoQ respectively. The bank did not announce an interim dividend. Key…
Ambassador of Belgium Charles Delogne has said that that Belgium has been enjoying strong business relations with Pakistan and today's Catalogue Exhibition of Belgian companies at Karachi Chamber would be…
Lucky Core Industries Limited (formerly ICI Pakistan Limited) announced its 3QFY23 financial result today where the company posted a profit after tax (PAT) of PKR 18.9bn (EPS: PKR 204.98), up…
Dubai Economy & Tourism (DET) have launched a new campaign that targets Pakistani travelers with a YouTube series. The episodes, featuring Faisal Kapadia and Bilal Maqsood, former members of the…
The overall unemployment rate in the Punjab province is 6.69%, with unemployment rate of females being substantially higher than males (8.32% vs. 6.06%) and that of urban residents being relatively…
The State Bank of Pakistan will remain closed on May 1, 2023 (Monday) on the occasion of "Labour Day" as declared by the Government of Pakistan.
As per latest financial result announcement, Pakistan Petroleum Limited (PPL) posted a profit after tax of PKR 81,835mn (EPS: PKR 30.08) during 9MFY23 versus PKR 52,329mn (EPS: PKR 19.23) in…
Attock Petroleum Limited (APL) announced the financial result for 9MFY23, whereby the company has posted a profit after tax (PAT) of PKR 9,836mn (EPS: PKR 79.06) against PKR 11,247mn (EPS:…
MUGHAL is scheduled to announce its 3QFY23 result on Monday, where we expect the company to record NPAT of PkR1.66bn (EPS: PkR4.95), up 2.5x/98% QoQ/YoY. It is worth noting that…
Pakistan State Oil Company Limited (PSO) announced its financial result for 9MFY23 posting a profit after tax (PAT) of PKR 10.3bn (EPS: PKR 21.91) compared to PKR 64.8bn (EPS: PKR…
Kohat Cement Company Limited (KOHC) announced the financial result for 3QFY23 today, posting a profit after tax (PAT) of PKR 1,624mn (EPS: PKR 8.08) compared to PKR 1,646mn (EPS: PKR…
Oil & Gas Development Company Limited (OGDC) announced its financial result today, posting a profit after tax of PKR 159,639mn (EPS: PKR 37.12) during 9MFY23 compared to PKR 112,044mn (EPS:…
Dr. Hanif Mughal, Senior Vice President of Pakistan Economy Watch (PEW), on Thursday, said the powerful sugar mafia is depriving poor masses of billions of rupees by constantly increasing the…