FPCCI & ICCD to jointly organize AgriFood in Karachi
Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), in collaboration with the Islamic Chamber of Commerce and Development (ICCD), is set to…
KSE-100 Index Profitability – 9MCY26 – Earnings rose 8.8% YoY to PKR 1.2trn
The KSE-100 index's profitability increased by 8.8% YoY in 9MFY26, reaching PKR 1,243bn, driven by gains in several sectors: Banks (3%), Cements (7%), Investment Banks (167%), Leather (165%), Textile Composite…
SSGC removes 1,540 illegal connections, lodges multiples FIRs
Sui Southern Gas Company (SSGC) has intensified efforts to combat gas theft in Sindh and Balochistan. In recent raids across Karachi, the SSGC team found several illegal gas connections, targeting…
Pakistan Telecom: Local manufacturing/assembly of mobile phones up 20% YoY in Mar-26
According to the latest data released by the Pakistan Telecommunication Authority (PTA), local mobile phone companies manufactured or assembled 2.79 million units in March 2026, a 20% year-over-year increase from…
Govt raises Rs114 billion through Hybrid Sukuk Auction
The Government of Pakistan on Wednesday raised Rs114.347 billion through the third auction of its Hybrid Sukuk, marking the second such issuance this month, amid strong investor demand for Shariah-compliant…
LUCK gross margins improved to 36.9% in 3QFY26
AKD Research has released a report on Lucky Cement Ltd. (LUCK), which announced its financial results for the third quarter of FY26 at the Pakistan Stock Exchange (PSX) today. Lucky…
POL announced its 3QFY26 financial results
Pakistan Oilfields Limited announced its 3QFY26 financial results, in which the company posted an NPAT of PkR7.8bn (EPS: PkR27.5), up 18% YoY/24% QoQ. The result was above our expectations, driven…
MUGHAL reported a consolidated NPAT of PKR420mn
Mughal Iron & Steel Industries Ltd. (MUGHAL) reported a consolidated NPAT of PKR420mn (EPS: PKR1.14) for 3QFY26, marking an 85% YoY increase, though down 22% QoQ. This was slightly below…
MTL reported a consolidated NPAT of PKR3.1bn
Millat Tractors Limited (MTL) reported a consolidated NPAT of PKR3.1bn (EPS: PKR15.32), significantly up 2.2x YoY and 27% QoQ. This performance exceeded our EPS estimate of PKR8.86, driven by stronger…
Karachi’s Fine Art Committee organized a live painting session
The Arts Council of Pakistan Karachi’s Fine Art Committee organized a live painting session titled “Brush Hour” at Haseena Moin Hall, featuring painter A. S. Rind and his daughter Umina…
Ambassador of Azerbaijan visits the new APJCCI office
The Ambassador of Azerbaijan to Pakistan, Khazar Farhadov, visited the Azerbaijan-Pakistan Joint Chamber of Commerce and Industry (APJCCI), praising its role in enhancing bilateral trade. He proposed organizing exhibitions of…
Pakistan can rise as a regional economic power through maritime reforms: Junaid Anwar Chaudhry
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry stated that Pakistan can emerge as a rising regional economic power through bold maritime reforms. Speaking at a seminar titled "The…
OGDC declared a cash dividend of PKR3.25 per share
IMS Research has released a report on Oil and Gas Company Ltd. (OGDC), which reported its 3QFY26 results today. The company posted a consolidated NPAT of PKR42bn (EPS: PKR9.82), up…
Visa reports 80% rise in Pakistan’s seasonal spending in Ramadan and Eid-ul-Fitr
Visa announced a significant 80% year-over-year increase in spending on premium consumer cards during Ramadan, peaking around Eid Al-Fitr. Total spending rose by 10% during the Eid period. **Key Insights:**…
IMC has achieved all three Asia Production Quality Awards
Indus Motor Company (IMC) has achieved all three Asia Production Quality Awards for the third consecutive year in CY25, confirming its status as a top Toyota manufacturing affiliate in the…
FFC net sales reached Rs 95.2 billion
Topline Pakistan Research has reported Fauji Fertilizer Company's (FFC) 1Q2026 financial results, revealing an unconsolidated profit of Rs 17.5 billion (EPS: Rs 12.14), marking a 32% YoY and 10% QoQ…
PSo saw a surge in gross margins amid inventory gains in 3QFY26
IMS Research has published a report on Pakistan State Oil (PSO) covering 3QFY26, which shows that inventory gains drove a surge in gross margins. Pakistan State Oil (PSO) posted 3QFY26…
Service Long March Tyres announced an IPO to raise up to Rs 7.8 billion
Service Long March Tyres Limited has announced an Initial Public Offering (IPO) to raise up to Rs 7.8 billion for its expansion into the passenger car radial tyre segment. The…
CHCC announced its 3QFY26 financial results today -Earnings declined
Cherat Cement Company Ltd. (CHCC) announced its 3QFY26 financial results, reporting profitability of PkR1.4bn (EPS: PkR7.2), down 16%YoY from PkR1.7bn (EPS: PkR8.7) in SPLY, primarily attributed to lower offtakes and…
PPL 3QFY26 results review — below expectations, experts say
Pakistan Petroleum Ltd (PPL) reported its 3QFY26 financial results, in which the company posted a consolidated NPAT of PkR20.6bn (EPS: PkR7.6), down 6% YoY. The result was below expectations due…
How Pakistanis navigate rising fuel prices and still get around
Fuel prices have risen sharply, with petrol now at PKR 393.35 per litre, making car ownership increasingly unaffordable for many families in urban Pakistan. In cities like Karachi, Lahore, and…
Pakistan’s e-commerce sector is facing significant revenue loss
Pakistan's e-commerce sector is facing significant revenue loss at checkout, with an estimated $1.61 billion lost annually due to inefficiencies. This includes $0.97 billion from cart abandonment, $0.46 billion from…
Karachi Chamber appeals for relief in storage and demurrage charges at the port
Chairman of the Businessmen Group Zubair Motiwala and Karachi Chamber of Commerce & Industry (KCCI) President Muhammad Rehan Hanif have praised Federal Minister for Maritime Affairs Junaid Anwar Chaudhry and…
Spotify reports 1Q 2026 earnings
Spotify announced its Q1 2026 earnings, demonstrating a strong start to its Year of Raising Ambition, with continued business momentum and platform innovation. Q1 results met or exceeded expectations across key…