BankIslami Pakistan Limited ('the Bank' or 'Bankislami') announced its financial results for the quarter ended March 31, 2022. Underpinned by growth in customer base, increase in income levels and improvements…
The foreign flag vessel - MV Pretty Sight at Berth no 4 Karachi Port in Pakistan loading bulk Rice for Belgium & Spain. It is the first time the rice…
In Pakistan, information technology is a rising industry with the potential to grow even more in the future. The Ministry of Information Technology of the Government of Pakistan is in…
SAMENA Telecommunications Council has partnered with Huawei to host this year's SAMENA Council Leaders' Summit 2022 for the ninth consecutive year. The annual gathering of Telecoms multi-industry leaders will take…
On Friday, 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 the possibility of a further…
The leading global provider of agricultural science and technology, Syngenta, and Mehran Sugar Mills Limited, the biggest producer & marketer of sugar, have collaborated to improve the farming sector's profitability…
Profitability of the KSE-100 index continues to soar, posting a jump of 34% YoY during 3QFY22. Albeit, ex-oil, the growth trims down to just 9% YoY. Earnings growth was led…
A special edition of Heimtextil the world's most important exhibition for bedsheets, towels and interior textiles will be held with Techtextil and Texprocess. With over 1000 Heimtextil exhibitors present in…
AAA Associates, a prominent name in the real estate sector of the country in collaboration with the JDC Foundation has organized a delicious Ramazan sehri and distributed motorcycles among the…
Avanceon Ltd (AVN) is expected to post a consolidated NPAT of PKR327mn (EPS: PKR1.27) for 1QCY22, up 34% yoy but down 65% qoq. Key expectations behind the jump in yoy…
To be successful in mastering any skill it is paramount to have the right tools to do so. Photography is no exception to this rule as your aesthetic sense can…
BMA Textile universe is estimated to undergo an impressive jump in revenue and profitability to PKR 78Bn (↑48/5% YoY/QoQ) and PKR 6.6Bn (↑25/2% YoY/QoQ), respectively for the quarter ended Mar'22,…
MUGHAL has posted a NPAT of PKR0.8bn (EPS: PKR2.50) for 3QFY22, down 24% yoy and 54% qoq. This takes 9MFY22 NPAT to PKR4.4bn (EPS: PKR13.02), up 74% yoy. The 3Q…
Unity Foods Limited (UNITY) posted un-consolidated profits of Rs893mn during 3QFY22. This translates into a diluted EPS of Rs0.75 as compared to Rs0.95 in 3QFY21. The result came lower than…
Millat Tractors (MTL) has reported a consolidated 3QFY22 NPAT of PKR1.8bn (EPS: PKR21.86), down 5% yoy while up c.5% qoq. This takes 9MFY22 NPAT to PKR4.9bn (EPS: PKR60.84), up 2%…
The Design-A-Bag Competition 2022 Final Judging Ceremony successfully took place on 31st March during APLF Dubai 2022. The judging panel selected Amara, designed by Neil Bryan Capistrano from Philippines, as…
The gaming industry across the world has witnessed a massive growth recently. In Pakistan, it gives an average annual revenue of $25 million as reported by Newzoo, a global leader…
Oil & Gas Development Company Limited (OGDC) announced its financial result today, posting a profit after tax of PKR 43,161mn (EPS: PKR 10.04) during 3QFY22 compared to PKR 24,121mn (EPS:…
Pakistan's economy mostly encompasses agriculture-based. It is the fourth largest cotton producer, the fifth largest milk producer, eighth-largest rice producer, second-largest pea producer, and fourth-largest sugar-cane grower. Despite the above,…
Despite US relaxation in sanctions for facilitating commercial transactions with Afghanistan, correspondent and commercial banks shying from engaging with Afghanistan. The resultant misery faced by business communities across the border…
Pakistan's leading digital payments platform, Easypaisa, has once again become Eidipaisa to provide its users with an in-app Eidi feature to commemorate Eid-ul-Fitr this year. Millions of customers of the…
· Market nosedived right from the opening due to T-bill yields recorded 24 years high yesterday. The bench mark KSE-100 index traded in the red zone throughout the day as…
Pakistan' s premier energy marketing company, Pakistan State Oil Co. Ltd. (PSO) continues to dominate the energy market, reporting highest ever nine-month profit after tax of PKR 64.8 billion (9MFY21:…
On a consolidated basis, Lucky Cement Limited reported the profit after tax to date of PKR 26.53 billion of which PKR 5.81 billion is attributable to non-controlling interests for the…
Acting President of Korangi Association of Trade and Industry (KATI) Farrukh Qandahari has welcomed the visit of Prime Minister Shahbaz Sharif to Saudi Arabia. He said that at present the…