Allied Bank Limited posts highest-ever quarterly PAT recorded in 2Q
ABL announced earnings today for 2QCY24 at PKR 12.5bn (EPS: PKR 10.9), depicting an uptick of 25% YoY | 7% QoQ. For 1HCY24, total earnings amounted to PKR 24.1bn, marking…
SkyElectric breaks ground in the Japanese market
Pakistan’s prestigious solar technology brand, SkyElectric, has achieved a meaningful breakthrough in the Japanese market by completing the first phase of the Japan Electrical Safety & Environment Technology Laboratories (JET)…
PUBG MOBILE announces version 3.3 with urdu language setting
In a groundbreaking initiative, PUBG MOBILE announced the latest version, 3.3, of the hit viral game, incorporating Urdu in the language settings. The release is accompanied by collaboration with the…
Bank Makramah to empower the future of banking with Novus Suite.
Bank Makramah Limited (BML) has entered into an agreement with Avanza Solutions to strengthen its digital transformation initiatives. This demonstrates its dedication to implementing cutting-edge technologies to enhance customer interactions…
Mobilink Bank revolutionizes financial independence for women
Pakistan’s leading digital microfinance bank, Mobilink Bank, has launched an easy-to-use in-app inheritance calculator accessible through its Dost app. The cutting-edge financial tool is designed to empower individuals, especially women,…
easypaisa unveils enhanced credit score to elevate financial literacy
easypaisa has launched an enhanced credit score visibility feature designed to elevate financial awareness and empower users to manage their financial health. This cutting-edge feature provides unprecedented access to users’…
Telenor Pakistan brings secure eSIM Technology
Today, Telenor Pakistan announced the launch of its advanced eSIM technology for its customers nationwide. As a pioneer in the industry, Telenor Pakistan is the first to offer a first-of-its-kind…
AIRLINK partnered with Acer Gadget to launce Acer prodcuts
Airlink Communication (AIRLINK) has partnered with Acer Gadget Inc., a subsidiary of Acer Inc., to introduce "Acer Gadget e10" laptops, tablets, and all-in-one devices to the Pakistani market. AIRLINK has…
Pakistan’s dairy industry termed an 18% sales tax on packaged milk detrimental.
FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for the year's first half, concluding on June 30th, 2024. Despite a challenging economic environment, the Company achieved 17% growth (revenue…
EFERT: Base plant on a 5-day unscheduled maintenance
Engro Fertilizers Ltd. (EFERT), in their recent notice, announced the unscheduled maintenance of the base plant. The tentative duration of this forced outage will be five days. We expect this…
TCL’s XL collection: Celebrate Independence and enjoy a free 32” LED TV!
TCL, Pakistan’s No.1 LED TV brand, invites you to Go Big and get More in its exclusive "Azaadi Offer" celebration of Pakistan's Independence Day. By purchasing cutting-edge selected models from…
Pakistan Beverage achieved a groundbreaking digital transformation by implementing SAP’s S/4HANA
Pakistan Beverage Limited (PBL), a frontrunner in the Beverage industry, has achieved a groundbreaking digital transformation by implementing SAP's S/4HANA on-premise solution. This significant move towards an on-premise solution is…
Hexalyze – A Pakistan-based IT solutions provider expands operations to Singapore.
Hexalyze, a leading Pakistan-based IT solutions provider, has become one of Pakistan’s few IT companies, expanding its operations to Singapore. This strategic move marks a significant milestone in the company’s…
LMKT wins operations of NICs Karachi and Peshawar
LMKT, Pakistan’s leading technology company, is thrilled to announce that it will continue operating Ignite-funded National Incubation Centers (NICs) in Peshawar and Karachi. This brings the total number of LMKT-operated…
Air Link Communication topline rising due to expansion in local demand: A buy call issued.
We initiate coverage on Airlink Communication (AIRLINK), Pakistan’s largest mobile manufacturing company. With a ‘Buy’ rating and a June 2025 target price of Rs155 per share, it offers a potential…
HUBC’s profitability to jump by 16% YoY in FY24 to record PKR 51.6/share
The Hub Power Company Limited (HUBC) is scheduled to announce its FY24 financial result soon, where we expect the company to post consolidated earnings of PKR 66,891mn (EPS: PKR 51.6),…
Unity Foods’ “Ba Ikhtiyar Kissan” Program: Empowering Pakistani Farmers for a Brighter Future
Unity Foods, a frontrunner in Pakistan’s agro-based commodities sector, proudly launched the "Ba Ikhtiyar Kissan" Program through its subsidiary Unity Plantations. This groundbreaking initiative empowers farmers nationwide by providing advanced…
Security Papers achieves highest-ever sales and 55pc increase in profit before tax
Highlights: · Highest-ever sales revenue of PKR 7,311 million · Highest-ever increase in profit before tax to PKR 2,392 million, growth of 55pc · Highest-ever net profit of PKR 1,489 million · Highest-ever dividend…
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