Attock Petroleum Limited (APL) announced the financial result for FY23, whereby the company has posted a profit after tax (PAT) of PKR 12,461mn (EPS: PKR 100.15) against PKR 18,536mn (EPS:…
JS Bank has announced the successful acquisition of an additional 67.33% stake in BankIslami Pakistan Limited, a move that solidified its position as one of Pakistan's fastest-growing financial institutions. The…
FATIMA just announced its 2QCY23 results, posting a PAT of PkR1.2bn (EPS: PkR0.59/sh) vs. PAT of PkR0.2bn (EPS: PkR0.07/sh) in the SPLY. On a QoQ basis, the company posted a…
Visa, the world's leader in digital payments has launched the Visa Ready To Launch (VRTL) program, giving fintech and non-banking entities a seamless experience in issuing payment products. NymCard is…
BankIslami, one of Pakistan's leading Islamic banks with an AA- rating, is thrilled to announce the signing a significant Memorandum of Understanding (MoU) with the prestigious Karachi School of Business…
Zong 4G, Pakistan's leading telecom, has launched exciting new roaming bundles designed to provide unmatched resources for customers traveling to Turkey and enhance their experience. These thoughtfully curated packages ensure…
We expect FATIMA to post an EPS of PkR2.19/sh against PkR2.06/sh in 1QCY23 and profit of PkR0.08/sh in 2QCY22. Revenue is projected to clock in at PkR52.8bn (↑57.5%/59.1% QoQ/YoY owing…
Indus Motor Company Ltd. (INDU) announced its 4QFY23 results today, where the company posted earnings of PkR3.8bn (PkR48.6/sh), showing a 19%QoQ increase from the preceding quarter's PAT of PkR3.2bn (EPS:…
Pakistan Telecommunication Company Limited (PTCL) and ChildLife Foundation have partnered to provide telecom services for the remote telemedicine facility in more than 200 telemedicine satellite and emergency centers across Pakistan.…
DP World today signed a concession agreement with the Deendayal Port Authority to develop, operate and maintain a new 2.19 million TEU per annum mega-container terminal at Kandla in Gujarat…
Power generation increased by 4.9% YoY to 14,839 GWh (19,945 MW) during July '23, compared to 14,151 GWh (19,020 MW) during July '22. On a MoM basis, generation also increased…
Jubilee Life Insurance, Pakistan's largest private sector insurance company, has signed an MOU with Telenor Pakistan, one of the country's largest telecommunications service providers, to bring unprecedented ease and accessibility…
Highlights: Profit before tax of PKR 38.1 billion, up 73 per cent year on year Highest ever revenue of PKR 46.6 billion, growth of 70 per cent year on year…
Meezan Bank, Pakistan's leading Islamic bank, has been recognised at the first 'The Digital Technology Awards - AccounTech Innovation Congress' held by The Institute of Chartered Accountants of Pakistan (ICAP).…
The prospect of Pakistan's development stands interlinked with the adoption of Islamic banking principles, asserted Faraz-ur-Rehman, President of the Korangi Association of Trade and Industry (KATI). Addressing the Sirat Islamic…
JS Bank, one of the fastest-growing banks in Pakistan, unveiled its financial performance for the first half of 2023. The report underscores a trajectory of growth across multiple financial indicators.…
BAHL has posted 2QCY23 NPAT of PKR7.6bn (EPS: PKR6.83), up a sharp 63% YoY but lower by 29% QoQ. The result is better than our estimated 2Q EPS of PKR5.25,…
The nation's leading energy company, PSO has achieved remarkable progress and demonstrated resilience in a challenging energy market. During a meeting held at PSO House on August 23, 2023, the…
Pakistan State Oil Company Limited (PSO) announced its financial result for FY23 posting a profit after tax (PAT) of PKR 5.7bn (EPS: PKR 12.06), down by 93% YoY. On a…
Pakistan Textile exports clocked in at US$1.3bn in July 2023, down by 11% MoM and 11% YoY. This was mainly due to decline witnessed in both Basic Textiles and value-added…
International Steels Limited (ISL) announced its financial results for 4QFY23 wherein company recorded earnings of Rs1.9bn (EPS of Rs4.46) vs Rs57mn (EPS of Rs0.13) in 4QFY22. This takes full-year FY23…
Sui Northern Gas Pipelines Ltd held its analyst briefing earlier today, wherein the management discussed the following: · SNGP holds the distinction of being the largest gas distribution company in…
The first half of 2023 has marked its significance for BankIslami, as it attained a notable milestone by securing a 'AA-' long term entity rating assigned from PACRA. This rating…
Al-Shifa Trust has embarked on a new plan to cope with the increasing number of eye patients. An extension block at Chakwal Eye Hospital will be completed by the end…
Zong 4G, the leading telecommunication network in Pakistan, has launched a revolutionary package that has redefined customer-centric offers. As part of the offer, customers can use an astounding 100GB of high-speed…
