U.S.-based NorthBay Solutions, who is also an AWS Premier Partner in Pakistan, has successfully migrated SAP workloads of its client, International Brands Limited (IBL), onto AWS. The cloud migration promises…
The Board of Directors of the State Bank of Pakistan on October 26, 2021 approved the Annual Performance Review on the working of the Bank and its subsidiaries and the…
South Asia's e-commerce market leader, Daraz, is collaborating with 15 payment partners in a bid to provide a faster and more convenient payment process for its customers during this year's…
Over 30 participants competed for seed funding for their businesses at the first U.S. Mission Pakistan Academy for Women Entrepreneurs (AWE) program on October 28. A panel of judges selected…
Byco Petroleum Pakistan Limited (Byco), the country's biggest vertically integrated oil refiner, today reported financial results for the three months ending September 30, 2021. The company recorded net sales of…
To discuss the Contribution of Sustainable Palm Oil to the Supply of Edible Oils in Pakistan, Council of Palm Oil Producing Countries (CPOPC) hosted Pakistan's first-ever webinar on October 29.…
PNSC Group has declared a profit after tax of Rs. 2,265 million, a decrease of 6% compared to the last year’s profit after tax of Rs. 2,414 million. A significant…
According to the annual report of Pakistan International Bulk Terminal Limited (PIBT), during the year 2021, the Company has shown growth in revenue, gross profit and earnings per share owing…
Tariq Glass Industries Limited has registered record net sales of Rs. 19.103 billion against Rs. 13.587 billion in the previous year showing a robust growth of 40.60%. The profit after-tax…
Mughal Iron & Steel Industries Limited (MUGHAL) announced result for 1QFY22 where company posted impressive NPAT of PkR1.7bn (EPS: PkR5.03) vs NPAT of PkR352mn (EPS: PkR1.05), increasing by 380%YoY and…
Without KCR / Metro system, Karachi’s over 20 million population looked for some solution to their transport woes for a long time, but to no avail. But luckily, Karachi Circular…
Pakistan total textile exports reported mixed trend in last three years. It earned export revenue of $13.32 billion in Financial Year 2019 (July – June) but rose to $12.53 billion…
In 2020, at least 2.3 million women had breast cancer and 685 000 deaths globally (WHO, 2021). At the same time, in Pakistan, about 36,000 breast cancer cases were diagnosed…
AVN has posted 3QCY21 consolidated NPAT of PKR156mn (EPS: PKR0.61), down 51% yoy and 36% qoq. This takes the 9MCY21 net profits to PKR642mn (EPS: PKR2.50), up 55% yoy, The…
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 Friday said Saudi loan has improved…
Nishat Mills Limited (NML) announced its financial result for 1QFY22 whereby the company declared a highest ever quarterly earnings of PKR 3,291mn (EPS: PKR 9.36) compared to profit of PKR…
BOP announced earnings today at PKR 8.7bn (EPS:PKR 3.26) for 9MCY21, depicting an impressive YoY uptick of 50% while down 16% QoQ (3QCY21 EPS: PKR 1.18). Earnings posted a sequential…
The Hub Power Company Limited (HUBC) announced its 1QFY22 financial result today where the company posted a profit after tax (PAT) of PKR 7,416mn (EPS: PKR 5.72), down by 9%…
AGP has reported 3QCY21 NPAT of PKR342mn (EPS: PKR1.22), down 17% yoy and 12%qoq. The result is lower than our estimated EPS of PKR1.60, where the deviation has stemmed from…
Gul Ahmed Textile Mills (GATM) reported consolidated NPAT of PKR1.2bn (EPS: PKR2.27) for 1QFY22, up a sharp c.70% yoy while down c.30% qoq. The 4Q result is lower than our…
Today at Connect 2021, CEO Mark Zuckerberg introduced Meta, which brings together our apps and technologies under one new company brand. Meta's focus will be to bring the metaverse to…
The Board of Directors of Octopus Digital Limited in their meeting held on Friday, 29 October 2021 at 10:30 AM, at the Avanceon Building, 19-Kms, Main Multan Road, Lahore, online,…
Oil and Gas Development Company Limited (OGDC) announced its financial result today, posting a profit after tax (PAT) of PKR 33,629mn (EPS: PKR 7.82) in 1QFY22 in contrast to PKR…
Byco Petroleum Pakistan Limited has named reasons that influenced its refinery sector. According to the Company quarterly detailed report released today, the current quarter (July – Sept) witnessed severe Pak…
President Korangi Association of Trade and Industry (KATI) Salman Aslam has expressed his gratitude for the timely action of fire tenders in the Korangi Sector 15 and 27 fire incidents.…