Continuing its focus on driving digital inclusion, Jazz invested PKR 14.9 billion under its '4G for all' ambition during the first quarter of 2022, taking its overall investment in Pakistan…
Philip Morris (Pakistan) Limited ("PMPKL") generated Total Net Turnover of PKR 5,345 million reflecting Domestic Net Turnover of PKR 4,497 million, + 2.1% vs. prior period due to an unaltered…
During the 19th Huawei Global Analyst Summit, Huawei held a forum titled "Dive into Industrial Digitalization, Creating New Value Together" to address the challenges of digital transformation faced by different…
Smartphones are the ideal tools available to us in order to navigate life in the modern era. With rampant digitization it is paramount to have a dependable smartphone to steer…
Western Union, a global leader in cross-border, cross-currency money movement and payments, has announced the launch of its services with Bank Alfalah, one of the largest private banks in Pakistan.…
According to the 1Q2022 report of Engro Fertilizer, the Company's urea production stood at 568 KT vs 523 KT in Q1 2021. Sales during the period stood at 549 KT…
SBP has clarified that all banks and their branches shall remain open on Saturday, April 30, 2022 in line with central bank instructions embodied in BPRD Circular Letter No. 11…
The Hub Power Company Limited (HUBC) announced its 3QFY22 financial result today, where the company posted a profit after tax (PAT) of PKR 9,241mn (EPS: PKR 7.12), up by 8%…
Zong 4G, Pakistan's premier mobile connectivity partner, has launched a discounted Saudi Arabia roaming offer, adding to its industry-leading international roaming offering that includes the majority of nations across all…
According to the 1Q2022 report of Engro Fertilizer, encompassing market overview, amidst Russia – Ukraine crises, urea prices have increased to USD 1,005/T (landed equivalent PKR 11,741/bag) by the end…
· PSX observed a range bound secession today, KSE-100 index remained volatile throughout the day due to expectation of rate hike in upcoming policy as KIBOR reached 13years high. On…
Bilquis & Abdul Razak Dawood (BARD) Foundation has signed a Memorandum of Understanding (MoU) with the University of the Punjab's Institute of Chemical Engineering & Technology (ICET) to establish DESCON…
Engro Foundation, the social investment arm of Engro Corporation, has announced the two recipients of its flagship initiative, I Am The Change (IATC) Impact Awards 2021, in recognition of these…
The Board of Directors of MCB Bank Limited (MCB) in its meeting under the Chairmanship of Mian Mohammad Mansha, on April 27, 2022, reviewed the performance of the Bank and…
Fauji Fertilizer Company (FFC) announced its financial result today, where the company has posted an unconsolidated profit of Rs6,240mn (EPS: Rs4.90), up 7% YoY and 4% QoQ. The result came…
· As per NFDC, Mar'22 urea offtake for the industry clocked in at 509k MT, up 48.3%YoY but contracting 3.4%MoM on account of maintaining additional buffer for upcoming months in…
Huawei kicked off its 19th annual Global Analyst Summit today in Shenzhen. A hybrid event, the summit gathers industry analysts, financial analysts, key opinion leaders, and media representatives from around…
Infinix, a global brand, has announced their latest campaign to enable underprivileged youth to hone their skills for the fast-paced tech world under 'Express your Generosity.' For this CSR initiative…
Treet Corporation (TREET) announced its 3QFY22 financial results, where the company posted consolidated loss of Rs239mn (LPS: Rs1.35) against profit of Rs14mn (EPS: Rs0.08) in same period last year. The…
MUGHAL is slated to announce its 3QFY22 result (28th Apr'22), where we expect the company to register NPAT of PkR1.7bn (EPS: PkR4.95) vs PkR1.1bn (EPS: PkR3.31) in 3QFY21. This will…
We expect Nishat Mills Limited (NML) to post NPAT of PkR2.2bn (EPS: PkR6.13) in 3QFY22 vs PkR1.9bn (EPS: PkR5.32) in 3QFY21, up by 15.2%YoY. This will take 9MFY22 earnings to…
Indus Motor Company (INDU) announced its 3QFY22 financial result, where the company posted earnings of Rs5,118mn (EPS: Rs65.1) compared to Rs3,614mn (EPS: Rs46.0) in the same period last year. The…
System Ltd is expected to post 1QCY22 consolidated NPAT of PKR1.1bn (EPS: PKR4.12), up 89% yoy, but down 38% qoq (sequential decline is due to absence of one-off FV adjustment…
Interloop (ILP) reported 3QFY22 NPAT of PKR2.3bn (EPS: PKR2.54), up c.35% yoy, and c.10% qoq. This takes 9MFY22 NPAT to PKR7.0bn (EPS: PKR7.79), up c.50% yoy. The result significantly missed…
Lucky Cement Limited (LUCK) is scheduled to announce its 3QFY22 financial result on Apr 27th, 2022, whereby we expect the company to post a profit after tax (PAT) of PKR…