Pakistan State Oil (PSO) has posted a NPAT of PKR4.4bn (EPS PKR9.32) for 2QFY21, down 15% qoq but up 51% yoy (greater inventory losses last year). The result is below…

The United States Government, through the U.S. Agency for International Development (USAID), in collaboration with the Government of Punjab, opened the 2021 Pakistan Water Conference today to highlight the challenges…

Engro Corporation Limited (ENGRO) posted consolidated earnings of PKR 6.8Bn (EPS:PKR 11.7) in 4QCY20, up 1.9x YoY today. This takes the aggregate profitability for CY20 to PKR 25.1Bn (EPS: PKR…

Allied Bank Ltd (ABL) has posted consolidated 4QCY20 NPAT of PKR5.7bn (EPS: PKR5.02), up a sharp 18%yoy and 38%qoq. This takes CY20 NPAT to PKR18.4bn (EPS: PKR16.05), up 27%yoy. The…

FFBL posted an NPAT of PKR2.2bn for CY20 (EPS: PKR1.70) – massive improvement vs NLAT of PKR5.9bn in CY19 (LPS: PKR4.59). On a consolidated basis, FFBL posted PKR6.45bn (EPS: PKR4.99)…

Pakistan Telecommunication Company Ltd held its corporate briefing session in which the management discussed the CY20 financial performance. Highlights · The consolidated profitability during CY20 witnessed a surge of 38%…

Total exports in January 2021 clocked in at US$2.1bn compared to US$2.4bn in December, down 9% mom while up 8% yoy. This took total exports in 7MFY21 to US$14.2bn (up…

The Karachi Port Trust handled 139,724 tons of cargo comprising 116,955 Tones of import cargo and 22,769 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…

Microsoft Pakistan and Higher education commission (HEC) has signed an Education Transformation agreement (ETA) at a virtual meeting held between Dr. Tariq Banuri, Chairman, HEC, Mark East, Vice President Education,…

· Market oscillated between +438pts and -141pts during the session that ended on a negative note -56pts (unadjusted). HBL's announcement of financial results became a major dampener for investors who…

Fatima Fertilizer Company Limited (FFL) has partnered with Multan Sultans for the sixth edition of Pakistan Super League (PSL). The Multan Sultans team boasts a stellar list of best available…

Emirates SkyCargo has signed an agreement with UNICEF to prioritise the transport of COVID-19 vaccines, essential medicines, medical devices and other critical supplies to help fight the COVID-19 pandemic. The…

Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) M. Zubair Motiwala, while expressing sheer dissatisfaction over the arrangements made to secure the National Stadium…

Based on feedback from the diaspora and recommendations from SBP, the Federal Government has introduced several amendments in the Income Tax Ordinance 2001 through Tax Laws (amendment) Ordinance 2021 to make the…

Chairman of Karachi Chamber's Ports, Shipping & Multi Modal Transport Sub-Committee Abdul Rehman Punjwani presiding over the first meeting of his Sub-Committee at Aiwan-e-Tijarat. In the Picture, President KCCI M.…

· Market added a total of 509pts during the session and ended at that note (unadjusted). Brisk buying was observed in Cement sector for the third day in a row…

Shell V-Power is the premium fuel offered by Shell Pakistan, it comes with technology that reduces engine dirt and friction. With over 100 years of experience in fuels research and…

Ufone has now eliminated the need for physical installation of SIMs with the introduction of eSIM for its customers. The Pakistani telecom operator has partnered with Giesecke+Devrient Mobile Security (G+D)…

The Karachi Port Trust handled 184,893 tons of cargo comprising 109,887 Tones of import cargo and 75,006 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…

Steering the younger generation in the Pakistani market, the premium smartphone brand Infinix Mobility launches Infinix Hot 10 Play with another powerful MediaTek Helio G35 octa core chipset answering the…

Extreme Commerce Pakistan's first EdTech company specializing in e-commerce and digital trade education and practices to train Pakistani youth to sell on Daraz platform. Extreme Commerce and Daraz signed a…

Himalaya, a leading health and wellness company, and a pioneer in herbal personal care products, has announced critically-acclaimed Pakistani actress, Ayeza Khan, as the new brand ambassador for its "Purifying…

Pak-Qatar Family Takaful held its Annual Conference in Karachi to celebrate 2020's exceptional performance and to further align the team with strategic Business Growth plans for 2021 and beyond. The…

• D.G. Khan Cement Company Limited is scheduled to announce its 2QFY21 financial result on 19th February 2021. We expect the Company to post PAT of PKR 1.02bn compared to…

Pakistan Telecommunication Company Limited (PTCL), in collaboration with Huawei Technologies Pakistan Pvt Ltd, launch Smart Cloud Campus Solution for enterprise customers. This solution includes the services of AI Enabled WIFI-6…