The Hub Power Company Limited (HUBC) is scheduled to announce its 4QFY21 financial result on 30th Aug'21. We forecast the company to post a consolidated profit after tax for 4QFY21…

Air Link Communication Limited intends to offer 90Mn shares (25% of its post paid up share capital) to the general public, in the form of 60Mn new shares and 30Mn…

Indus Motor Company Limited (INDU) announced its FY21 result today, the company reported earnings of PKR 12.8Bn (EPS: PKR 163.2) compared to earnings of PKR 5.1Bn (EPS: PKR 64.7) in…

The State Bank of Pakistan will be launching this week a new product, Roshan Apna Ghar, for non-resident Pakistanis for acquisition of property in Pakistan. Non-resident Pakistanis can now purchase…

NBP announced earnings today for 1HCY21 at PKR 16.9bn (EPS: PKR 7.98), depicting a YoY increase of 13% and QoQ rise of 17%. Quarterly jump in NII and healthy fee…

Pakistan's First Asset Management Company, National Investment Trust Limited (NITL) is in the process of launching two new funds, NIT – Social Impact Fund (NIT-SIF) and NIT- Islamic Money Market…

Pakistan's total exports in July 2021 clocked in at US$2.3bn, up a sharp and impressive 17% yoy while down c.15% mom, from the record-setting level in June. Textile exports surged…

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 enemy nations and…

With two million handsets sold in Pakistan and a 100 million the world over, realme has cemented its position as a continuously innovative company that centers on affordability and quality.…

Byco Petroleum Pakistan Limited (BPPL), Pakistan's largest oil refining company, has announced that all of its employees and staff have been inoculated against the Covid-19 virus ensuring their safety, health…

Korangi Association of Trade and Industry President Saleem-uz-Zaman has thanked the International Monetary Fund (IMF) for allotting 2.75 billion dollars unconditional assistance to Pakistan. He said it was a historic…

The Karachi Port Trust handled 140,513 tons of cargo comprising 103,002 Tones of import cargo and 37,511 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…

The Karachi Port Trust handled 140,513 tons of cargo comprising 103,002 Tones of import cargo and 37,511 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…

Ministry of Communications attached department National Highway Authority is actively engaged in construction extension, operation and maintenance of motorways and National Highways with the view to put the country on…

· Market traded range bound between +124pts and -374pts, closing the session -273pts. Rollover week had its toll on the market, besides disappointment from financial results and slippage of PKR…

The Board of Directors of Shell Pakistan Limited (SPL) announced the half year 2021 financial results on August 26th. The company posted a profit after tax of PKR 2,150 million…

Cherat Cement (CHCC) has posted 4QFY21 NPAT of PKR983mn (EPS: PKR5.06), in line with our expected earnings of PKR985mn (EPS: PKR5.07), taking FY21 NPAT to PKR3.20bn (EPS PKR16.50). The qoq…

Today, the United States donated 3.7 million doses of the life-saving Pfizer COVID-19 vaccine to the Government of Pakistan for distribution to the Pakistani people through the COVAX facility. Today's…

Leading private medical institution South City Hospital welcomes onboard international Spine Specialist, Dr. Younus Hanif Lodhi, as its Consultant of Spine & Trauma and Orthopedic Surgeon. Dr. Lodhi will be…

The barge Heng Tong 77 is still grounded at Sea view in Karachi due to the failure of all attempts made by a local team to date. The authority concerned…

As per NFDC data, Urea offtake during July 2021 clocked in at c.622,000 tons, up 8% yoy and down 10% mom. The yoy increase came in anticipation of the PKR50/bag…

Mari Petroleum Company Limited (MARI) is scheduled to announce its financial result of FY21 on 26th Aug'21, where we expect the company to post a profit after tax of PKR…

Bank Alfalah Limited (BAFL) announced its 2QCY21 results today reporting above expected earnings of PKR 3.5Bn (EPS: PKR1.95), ↑25/0% YoY/QoQ respectively. The bank also announced an interim dividend of PKR…

Highlights: Profit before Tax of PKR 12.0 billion Strong growth in net advances of 22 per cent Healthy increase in deposits of 6 per cent Cost discipline continues with a…

· Market saw continued selling pressure which was partly due to ongoing roll-over activity and partly the profit booking in Cement, Fertilizer, Technology and Oil & Gas chain. O&GMCs sector…