PayPro, one of Pakistan's fastest growing fintech companies which focuses on B2B and B2C payments, was awarded a PKR 7.473 million Innovation Grant by the USAID Small and Medium Enterprise…
Kot Addu Power Company Limited (KAPCO) announced its 2QFY21 financial result today where the company posted a Profit After Tax (PAT) of PKR 5,296mn (EPS: PKR 6.02), down by 21%…
Emirates will offer exclusive rich content and services for travel agent partners on its NDC-enabled direct connect platform, Emirates Gateway, starting from 01 July 2021. A surcharge on all bookings…
Mari Petroleum Company Limited (MARI) announced its financial result today, posting earnings of PKR 7,335mn (EPS: PKR 54.98) during 2QFY21 in contrast to PKR 7,285mn (EPS: PKR 54.61) in 2QFY20,…
Facebook hosted a virtual event for Pakistani businesses to share insights and key findings regarding Ramadan shopper behavior and trends, as these businesses initiate the planning of their respective campaigns. These…
Pakistani telecom operator, Ufone brings a gaming ecosystem for all its customers across Pakistan. Ufone's Ubox app provides access to hundreds of games without any advertisements or in-app purchases for…
HBL PSL 6 anthem, 'Groove Mera' performed by Naseebo Lal, Aima Baig and Young Stunners has finally crossed 10 million views on Youtube. Groove Mera premiered worldwide on February 6…
Indus Motor Company (IMC) has introduced the Toyota Smart Purchase portal that allows customers the experience of making an on-line purchase from the company's diverse product line up, sans a…
The Honourable Prime Minister of Pakistan thanked Overseas Pakistanis for their overwhelming response to the State Bank's Roshan Digital Account (RDA) initiative. He was speaking at a ceremony at the…
Due to the staggering growth of diabetic patients coupled with the comparatively low scale of awareness among the masses, Roche Diabetes Care has taken a groundbreaking initiative in collaboration with…
President Karachi Chamber of Commerce & Industry (KCCI) M. Shariq Vohra has assured members of KISMA delegation that the Karachi Chamber, in KCCI's Proposals for Federal Budget 2021-22, will certainly…
· Market saw aggressive selling today after spate of financial result announcements which had consistent earnings but declared lesser dividends than anticipated. Banking sector saw major attrition today, however, profit…
Meezan Bank Limited announced (MEBL) announced below expected earnings of PKR 2.9/sh (down 2.6/36.2% on YoY/QoQ), taking CY20 earnings to PKR 15.7/sh (up 45.5% YoY). Reason behind the decline in…
The Karachi Port Trust handled 119,804 tons of cargo comprising 86,051 Tones of import cargo and 33,753 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…
President of Korangi Association of Trade & Industry (KATI) Saleem-uz-Zaman has termed the increase in foreign remittance encouraging for the country and urged the government to take the initiative to…
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 Thursday welcomed unprecedented increase…
Pakistan Telecommunication Company Limited (PTCL) has established its official presence on WhatsApp to better connect with customers and provide them with a convenient and customer friendly communication platform. To start…
Greenstar Social Marketing (GSM) has signed a strategic collaboration with Muller & Phipps (M&P) Pakistan, one of the leading international distributing house, to continue to serve as the logistics partner.…
ILMA University moved ahead to strengthen the academic unity and community as it signed a strategic MoU with DHA Suffa University. This was a progressive stride in the expansion of…
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%…