APL is scheduled to announce its 9MFY23 financial result on 27th Apr’23
Attock Petroleum Limited (APL) is scheduled to announce its 9MFY23 financial result on 27th Apr'23, where we expect the company to post a Profit after tax of PKR 8,953mn (EPS:…
PSO to post a profit after tax of PKR 10,960mn in 9MFY23
Pakistan State Oil Company Limited (PSO) is scheduled to announce its 9MFY23 financial result on 27th Apr'23, where we expect the company to post a profit after tax of PKR 10,960mn…
Celebrate Eid with Your Loved Ones and Book Advance Bus Tickets with Sastaticket.pk
Sastaticket.pk, Pakistan's leading e-ticketing platform, is pleased to offer advance bus ticket booking for Eid festivities. With the company's new partnership with FMBT Express and Silkline, customers can purchase Silkline…
Cigarette retailers demand a reversal of FED in Pakistan
The All-Pakistan Central Union Pan-Cigarette Beverage Retailers has called the extraordinary increase in the Federal Excise Duty rate on cigarettes a threat to the survival of pan-cigarette retailers. The retailers…
Jubilee Life Insurance Celebrates Ramazan through gift distribution with KPT Primary School.
In the spirit of the Holy month of Ramazan, Jubilee Life Insurance, Pakistan's largest private sector insurance company, as a socially responsible corporate entity, celebrated the occasion by distributing gift…
Before Eid, the PSX index closed at 41,007.82, up by 508.48pts (+1.26% DoD).
· The benchmark KSE-100 index ended the week with a bull run. The market opened in the green and continued to trade in the green for the remainder of the…
PPL is expected to announce its 9MFY23 on 27th Apr’23
The management of Pakistan Petroleum Limited (PPL) is expected to announce its 9MFY23 on 27th Apr'23. We anticipate the company to post profitability of PKR 77,993mn (EPS: PKR 28.66) in…
OGDC to report earnings of PkR 13.56/sh for 3QFY23.
Oil & Gas Development Company Limited (OGDC) is scheduled to release its 3QFY23 earnings on 27th April, wherein we expect the company to post NPAT of PkR58.3bn (EPS PkR13.56), up…
Engro Corporation announced its financial results for the quarter ended March 31, 2023.
Overview of Financial Performance Engro Corporation's standalone revenue for the first quarter was PKR 6.4 bn – down by 21%, primarily due to lower dividends received from Engro Polymer &…
PNSC entered into a technical services contract for ferry services
Pakistan National Shipping Corporation (PNSC), through its subsidiary Swat Shipping (Private) Limited, entered into a Technical Services Contract for Ferry Services with Tajjar-ul-Bahr (Private) Limited. Tajjar intends to enter the…
Foreign exchange policies destroyed Travel Agencies in Pakistan
Mr. Irfan Iqbal Sheikh, President FPCCI, has apprised the federal government, State Bank, Civil Aviation Authority (CAA) and the aviation minister that the massive mismanagement in foreign exchange has blocked…
The PSX witnessed a mixed trading session today.
· The PSX witnessed a mixed trading session today. The benchmark KSE-100 opened in the red territory but traded in both directions, as investors chose to be vigilant due to…
Banks will remain closed for five days
The State Bank of Pakistan will remain closed from 21st to 25th April 2023 (Friday to Tuesday) on the occasion of Eid-ul-Fitr.
BankIslami Sponsors 8th Corporate T20 Cup 2023 at Moin Khan Cricket Academy
BankIslami, Pakistan's leading Islamic financial institution with 380+ branches in 180+ cities, sponsored the 8th Corporate T20 Cup 2023. The tournament was held at the Moin Khan Cricket Academy, Karachi,…
PCJCCI called for the utilisation of the local coal reserves of Pakistan.
Moazzam Ghurki, President of Pakistan China Joint Chamber of Commerce and Industry (PCJCCI), called for the utilisation of local coal reserves of Pakistan on Wednesday at PCJCCI Secretariat. He cited…
SMAP rejected lengthy Eid holidays
Ismail Suttar, Chairman Salt Manufacturers Association of Pakistan (SMAP), while totally rejecting excessive holidays for Eid ul Fitr, stated that the five days of Eid holidays is a highly inefficient…
Applications open in Pakistan for Visa Everywhere Initiative, a global innovation competition for fintech startups
Applications are now open in Pakistan for the 2023 edition of the Visa Everywhere Initiative (VEI), a global open innovation competition that sees startups pitch their innovative solutions to solve…
EFERT announced an interim cash dividend of PKR 3.50/share in 1QCY22).
Engro Fertilizers Limited (EFERT) announced the financial result for 1QCY23 yesterday, posting a consolidated Profit after Tax (PAT) of PKR 4,404mn (EPS: PKR 3.30) compared to PKR 6,172mn (EPS: PKR…
PSX observed a positive session today.
· A positive session was recorded at the PSX today. The market opened in the green and continued to trade in the same zone. The index reached an intraday high…
Sales of illicit cigarettes spike after massive FED increase, says CFO Philip Morris (Pakistan)
Considering the economic challenges, curbing illegal trade is inevitable. Illegal trade is not only denting the economy but also discouraging the documented sector. The government should make efforts to provide…
U.S.-Pakistan Health partnership brings new laboratory to respond to disease outbreaks
U.S. Embassy Deputy Chief of Mission Andrew Schofer; Federal Secretary at the Ministry of National Health Services, Regulation, and Coordination, Dr. Muhammad Fakhre Alam Irfan; and Pakistani National Institute of…
EPCL announced a cash dividend of PKR 1.00/share for 1QCY23.
Engro Polymer & Chemicals Limited (EPCL) announced its 1QCY23 financial result today, where the company posted a profit after tax (PAT) of PKR 1,183mn (EPS: PKR 1.30), down by 75%…
EPCL is expected to pay an interim cash dividend of PKR1.0/sh in 1QCY23.
EPCL is projected to post NPAT of PKR1.2bn (EPS: PKR1.41) for 1QCY23, down 76% QoQ and 73% YoY. International PVC-Ethylene spreads increased to US$424/ton (assuming 1 month lag), up 8%…
FFC is to pay an interim cash dividend of PKR4.70/sh in1QCY23
Fauji Fertilizer Company (FFC) is expected to post 1QCY23 unconsolidated earnings of PKR7.0bn (EPS: PKR5.53), up 35% QoQ/13% YoY. The sequential increase in profitability is due to higher Urea prices,…
An MOU signed between the Secretary of Health Sindh and the Pakistan Institute of Living and Learning
The signing of a Memorandum of Understanding between Secretary of Health Sindh Syed Zulfikar Ali Shah and CEO of Pakistan Institute of Living and Learning (PILL) Prof. Nasim Chaudhary occurred…