Zong 4G has become a connectivity partner of TCS, Pakistan's largest logistics network, further expanding its corporate clientele and boosting its position as a vital communications solutions provider for enterprises.…
Being a frontrunner in empowering societies in the country, Telenor Pakistan has launched its state-of-the art suite of business solutions to ensure its business customers stay future ready. With constantly…
Shell Pakistan Limited (SPL) has entered into a 10 year agreement with Pak-Arab Pipeline Company Limited (PAPCO) to upgrade transportation of fuel through a multi-grade pipeline. Currently, the pipeline system…
The Board of Directors of National Bank of Pakistan "NBP" "the Bank" met today to review the financial performance of the Bank and approve the condensed interim financial statements for…
Highlights: Profit before Tax of PKR 18.4 billion Strong growth in net advances of 26 per cent Healthy increase in deposits of 7 per cent Cost discipline continues with an…
According to State Bank of Pakistan, the total liquid foreign reserves held by the country stood at US$ 23,933.8 million on 22-October-2021. The Saudi helps of $ 3 billion would…
Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Zubair Motiwala, while expressing deep concerns over continuous devaluation of Pakistani rupees against dollar which after…
During the third quarter of 2021, Jazz invested PKR 9.54 billion maintaining its strategic focus on 4G and digital services. Jazz's 4G user base reached 33.8 million with population coverage…
Pakistan State Oil continues to assert its dominance in the energy market as it outperforms the industry, demonstrating its resilience and strength despite the lingering impacts of the pandemic. The…
Faysal Bank Limited (FBL), a leading name in Pakistan's banking industry, announced a partnership with Sentbe, a South Korea based fintech money transfer service, for the remittance and real-time payment…
Pak Suzuki Motor (PSMC) reported its 3Q2021 result today, where earnings clocked in at Rs994mn (EPS : Rs12.07) an improvement from loss of Rs547mn (LPS: Rs6.65) in the same period…
· Fauji Cement Company Limited (FCCL) announced result for 1QFY22 where EPS clocked in at PkR0.98, up 95/79% YoY/QoQ. The result was above our expectation mainly on account of higher…
· Lucky Cement Limited (LUCK) announced 1QFY22 result where the company posted unconsolidated PAT of PkR3.3bn (EPS: PkR10.2), up 48/38% YoY/QoQ. The result was significantly above our expectations as significant…
Treet Corporation (TREET) announced its 1QFY22 financial result today, where the company has booked a consolidated profit of Rs394mn (EPS: Rs2.25) as compared to a consolidated loss of Rs166mn (LPS:…
Pakistan State Oil Company Limited (PSO) announced its financial result for 1QFY22 whereby the company declared a profit after tax (PAT) of PKR 11,994mn (EPS: PKR 25.55) compared to profit…
Based on SPI data published by the Pakistan Bureau of Statistics (PBS) and other adjustments, we expect Oct'21 CPI-based inflation to register at 8.53% compared to 8.98% and 8.91% YoY…
Avanceon Ltd (AVN) is expected to post consolidated NPAT of PKR667mn (EPS: PKR2.60) for 3QCY21, up 109% yoy and 176% qoq. Key expectations behind the massive jump in earnings are:…
Being one of the most prestigious international plastics and rubber trade fairs, CHINAPLAS always keeps abreast of the market trends, converges the global cutting-edge technologies, and paves the prosperity and…
· New software toolbox will deliver consistent low latency and high reliability in 5G networks · Time-Critical Communication will elevate experiences in use cases such as cloud gaming, AR/VR, and…
Governor, State Bank of Pakistan, Dr. Reza Baqir appreciated the progress made by the banking industry in supporting low cost housing finance for first time home owners under the Mera…
· Our liking for KTML emanates from i) Robust growth in textile exports (+27.4%YoY in 1QFY22) amid higher US apparel demand and rerouting of orders from (China and Vietnam) due…
Easypaisa, Pakistan's leading digital payments platform, has partnered with Munsalik Digital (MDPL) to streamline the latter's operational capabilities. Through this partnership, Munsalik will be able to disburse and collect loan…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said the double-edged sword of sharp…
Turkey's unflinching support for the Jammu & Kashmir dispute was once again reiterated at an event organized by the Embassy of Pakistan in Ankara today. Chairman of the Turkey-Pakistan Friendship…
The Board of Directors of MCB Bank Limited (MCB) in its meeting under the Chairmanship of Mian Mohammad Mansha, on October 27, 2021, reviewed the performance of the Bank and…
