Daily cargo handling report of Karachi Port Trust
The Karachi Port Trust handled 164,770 tons of cargo comprising 100,575 Tones of import cargo and 64,195 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…
HUBCO announces a cash dividend of PKR 3.00/share taking 1HFY21 payout to PKR 7.00/share
The Hub Power Company Limited (HUBC) announced its 2QFY21 financial result today where the company posted a profit after tax (PAT) of PKR 8,198mn (EPS: PKR 6.32), up by 49%…
NHA holds e-Kachehri
As per directive of Prime Minister of Pakistan Mr. Imran Khan on reaching out to the public through holding Khuli Kachehris by organizations under the Federal Government, National Highway Authority's,…
Nestlé Pakistan announces financial results for 2020
Nestlé Pakistan posted a revenue of PKR 118.8 billion for 2020, a 2.4% growth from 2019. Despite the unprecedented situation caused by the pandemic, the company was able to grow…
Formation of administration committee by Arts Council of Pakistan Karachi
President of Arts Council of Pakistan Karachi Muhammad Ahmad Shah has said that the distinguished status of the Arts Council today is due to the significant role of my colleagues…
Indus Motor Company Limited announces 1HFY21 result
Indus Motor Company Limited (INDU) announced its financial result today for 1HFY21, posting earnings of PKR 4,801mn (EPS: PKR 61.08), increasing by 108% YoY from PKR 2,304mn (EPS: PKR 29.32).…
SMEs to improve productivity with digitalization on eOffice
The Small and Medium Enterprises (SMEs) constitute nearly 90% of all the enterprises in Pakistan; They employ 80% of the non-agricultural labor force; and their share in the annual GDP…
Aisha Steel Mills Ltd (ASL) posts a NPAT of PKR1.8bn for 2QFY21
Aisha Steel Mills Ltd (ASL) has posted a NPAT of PKR1.8bn (EPS: PKR1.92) for 2QFY21, compared to a NLAT of PKR81mn (LPS: PKR0.16) same period last year. Key Highlights of…
Wallet at your fingertips: HUAWEI Pay launched in Pakistan
Huawei Technologies introduced its secure online transaction service – HUAWEI Pay in Pakistan in 2020. It is a safe, secure, easy, and efficient way to make payment via your Huawei…
2QFY21 Result review of Gul Ahmed Textile Mills Ltd
Big jump in other income leads to earnings beat Gul Ahmed Textile Mills (GATM) reported consolidated 2QFY21 NPAT of PKR1.2bn (EPS: PKR2.78), compared to a NPAT of PKR640mn (EPS: PKR1.49)…
Maple Leaf Cement Factory Limited plans expansion in Punjab
Maple Leaf Cement Factory Limited (MLCF) plans to undertake a brownfield expansion at its Dadukhel, Mianwali plant by installing a line 4 of 2.4mn tons as well as a Waste…
Nishat Chunian Power earnings registered a decline of 55% YoY
Nishat Chunian Power Limited (NCPL) announced its 2QFY21 financial result today where the company posted a profit after tax (PAT) of PKR 466mn (EPS: PKR 1.27), down by 55% YoY…
Al-Karam Textile Mills partner with Dr. Essa Laboratory & Diagnostic
Al-Karam Textile Mills, in collaboration with Fair Trade USA, have partnered with Dr. Essa Laboratory & Diagnostic to provide free-of-cost and best quality pathological services to the employees of Al-Karam…
UBL recorded a PAT of PKR 20.8Bn for the year CY20
United Bank Limited (UBL) announced a PAT of PKR 5.4Bn (EPS: PKR 4.3), up 15.3/16.1% on YoY/QoQ basis. For the full year CY20, the bank recorded a PAT of PKR…
Daily cargo handling report of Karachi Port Trust
The Karachi Port Trust handled 162,675 tons of cargo comprising 113,610 Tones of import cargo and 49,065 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…
Registrar Ilma appointed education policython mentor at Harvard University
A prestigious appointment indeed as ILMA University's Registrar & Director of International Linkages & Opportunities Syed Kashif Rafi became the Mentor at The Education Policython in collaboration with Policy for…
FPCCI urges FBR to follow directions of Prime Minister to interact with stakeholder
Mr. Nasir Khan Acting-President of the Federation of Pakistan Chambers of Commerce and Industry has shown his serious concern over the no response and low priority to Business Community issues…
DOL holds its corporate briefing session today
Descon Oxychem Limited (DOL) held its corporate briefing session today to shed light on 1HFY21 financial result and business outlook. To recall, the company reported earnings of PKR 105Mn (EPS:…
HUBC: Earnings are expected to increase by 47% YoY during 2QFY21
The Hub Power Company Limited (HUBC) is scheduled to announce its 2QFY21 financial result on 26th Feb'21. We forecast the company to post a consolidated profit after tax for 2QFY21…
PSX index continues to see selling pressure today
· Market saw continuation of selling pressure in conventional top tier stocks and in addition bore pressure in roll-over heavy scrips (TRG & NETSOL) as well. Similarly, NRL also saw…
TPL Trakker to power Mahir ‘s handyman marketplace
TPL Trakker, Pakistan's leading IoT Company providing Tracking, Telematics, Mapping and Location Based Services and Solutions, has partnered with Mr. Mahir, an online marketplace allowing skilled and experienced local professionals,…
Role of industry for economic prosperity lauded by Secretary Industry Sindh
The Department of Industry and Commerce has been playing an important role in driving the economic wheel of the province. Recognizing the importance of industries under the available resources, the…
Reon announces the completion of the 3.73 MW Solar Project with G&T Group
Reon Energy Limited today announced the completion of its' 3.73 MW captive Solar Power Project for G&T Group in Karachi, and Baluchistan. The Solar Photovoltaic Plant is the largest bi-facial…
Carrefour kicks off five-month promotion on fresh foods
Carrefour, owned and operated by Majid Al Futtaim in Pakistan, has launched an extraordinary five-month promotional campaign bringing weekly saving deals on a vast range of fruits and vegetables.The offers…
Foreign direct investment down by 27 percent: Mian Zahid Hussain
Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said circular debt…