Companies Air Link Communication’s profit up 533%, stands at over Rs1bn in 3QFY24 Pakistan’s smartphone manufacturer Air Link Communications Limited saw its profit grow by over 533%, clocking in at... Published 30 Apr, 2024 04:05pm
Money & Banking HBL to inject up to Rs6bn equity in its microfinance bank The Board of Directors of Habib Bank Limited, one of the country’s largest commercial banks, has approved an equity... Updated 30 Apr, 2024 04:26pm
Companies Volkswagen profits fall in ‘slow start to year’ FRANKFURT: German auto giant Volkswagen reported Tuesday that profits fell sharply at the start of the year as... Published 30 Apr, 2024 11:20am
Companies QatarEnergy signs $6bn deal with China shipbuilder DOHA: A Chinese ship-building giant will construct 18 huge gas carriers for QatarEnergy under a $6 billion deal the... Published 30 Apr, 2024 03:43am
Companies OGDCL announces financial results ISLAMABAD: The net sales revenue of Oil and Gas Development Company Limited (OGDCL) clocked at Rs348.164 billion... Published 30 Apr, 2024 03:43am
Companies Ghazanfar steps down as Mobilink Bank CEO KARACHI: Ghazanfar Azzam has stepped down as the President and CEO of Mobilink Bank after 12 years of service.... Published 30 Apr, 2024 03:43am
Companies Hashoo Foundation appoints Haris Qayyum Khan as CEO ISLAMABAD: Hashoo Foundation, the corporate social responsibility arm of the Hashoo Group announced the appointment... Published 30 Apr, 2024 03:43am
Companies CCP approves 40% acquisition of GO Pakistan by Aramco The Competition Commission of Pakistan (CCP) has approved a 40% equity stake acquisition in Gas & Oil Pakistan... Published 29 Apr, 2024 08:45pm
Industry KIA Pakistan announces massive Rs1.5mn price drop for Stonic EX+ In what the company called a “celebratory limited-time offer”, Lucky Motor Corporation on Monday announced a massive... Published 29 Apr, 2024 07:36pm
Companies NBP’s profit falls 13%, clocks in at Rs9.8bn in 1QCY24 National Bank of Pakistan (NBP), one of the country’s largest commercial banks, registered a profit-after-tax (PAT)... Published 29 Apr, 2024 05:39pm
Companies Indus Motor Company’s profit jumps 38%, amounts to Rs4.45bn in Jan-Mar Indus Motor Company (IMC) reported on Monday a profit of Rs4.45 billion for the three-month ended March 31, 2024, an... Updated 29 Apr, 2024 09:25pm
Companies BMW to invest further $2.76bn in key market China BEIJING: BMW said on Friday it planned to invest an additional 20 billion yuan ($2.76 billion) in its Shenyang... Published 27 Apr, 2024 05:03am
Energy Mari Petroleum says will invest Rs2.5bn in mineral mining subsidiary via equity injection The Board of Directors of Mari Petroleum Company Limited (MARI) has approved an investment of up to Rs2.5 billion by... Updated 29 Apr, 2024 09:40pm
Companies 70.1m shares to be floated: IPAK intends to raise Rs1.47bn through IPO KARACHI: International Packaging Films Limited intends to raise Rs 1.47 billion by issuing 70.1 million shares to ... Published 27 Apr, 2024 05:03am
Companies Nestlé Pakistan’s Q1 revenue rises to Rs54.4bn LAHORE: Nestlé Pakistan’s revenue, for the three-month period ending March 31, 2024, rose to PKR 54.4 billion... Published 27 Apr, 2024 05:03am
Companies 100 SMEs across country: inDrive Rozgar initiative launched KARACHI: inDrive, a leading ride-hailing company, has launched the inDrive Rozgar initiative; a groundbreaking... Published 27 Apr, 2024 05:03am
Companies Q1, 2024 results: FrieslandCampina Engro delivers strong topline growth of 21pc KARACHI: FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for the first quarter of... Published 27 Apr, 2024 05:03am
Companies $22m invested in beverage sector by Coca-Cola ISLAMABAD: Coca-Cola has invested $22 million in the beverage sector, specifically in technology upgrade, capacity... Published 27 Apr, 2024 05:03am
Companies Ahsan Zafar assumes office of President & CEO of Engro Corp KARACHI: Ahsan Zafar Syed has assumed the office of President & CEO Engro Corporation, after the completion of... Published 27 Apr, 2024 05:03am
Companies 9MFY24: PSO posts Rs13.4bn profit KARACHI: Pakistan State Oil (PSO), the leading energy company, maintained its industry dominance and demonstrated... Published 27 Apr, 2024 05:03am
Money & Banking Empowering agricultural future: ABL Islamic Banking Group arranges awareness session LAHORE: Allied Bank (ABL) Islamic banking group recently invited Rozena Saleha, CEO of Kalam4Solutions and her team... Published 27 Apr, 2024 05:03am
Companies PSO’s profit plunges over 70% in 3QFY24, amounts to Rs3.74bn Despite higher sales, Pakistan State Oil Company Limited’s (PSO) profit-after-tax (PAT) plunged over 70%, clocking... Published 26 Apr, 2024 02:44pm
Companies JS Bank registers massive 376% jump in profit in 1QCY24 JS Bank Limited (JSBL) posted massive consolidated profit of Rs4.2 billion during the three months ended March 31,... Updated 26 Apr, 2024 09:31pm
Companies DWP marks its Silver Jubilee LAHORE: DWP Group, a leading conglomerate in Pakistan, celebrated its 25th Silver Jubilee Anniversary on April 18,... Published 26 Apr, 2024 04:15am
Stocks Engro Corp’s profit up 18%, clocks in at Rs10.4bn in 1QCY24 Pakistani conglomerate Engro Corporation Limited (ENGRO) posted a consolidated profit-after-tax (PAT) of Rs10.38... Updated 25 Apr, 2024 09:35pm
Companies Sanofi profit slips on generic competition and currency effects Sanofi’s first-quarter operating income fell 14.7% as currency effects and cheap competition to its multiple... Published 25 Apr, 2024 01:28pm
Companies IPAK says it has become largest flexible packaging films manufacturer in Pakistan QUAID-E-AZAM BUSINESS PARK (SPECIAL ECONOMIC ZONE), SHEIKHUPURA: International Packaging Films Limited (IPAK),... Published 25 Apr, 2024 03:20pm
Companies AstraZeneca leaps after smashing first quarter forecasts AstraZeneca sailed past market expectations for quarterly revenue and profit on Thursday, boosted by demand for its... Published 25 Apr, 2024 01:08pm
Energy Despite lower finance cost, National Refinery posts Rs2.87bn loss in 3QFY24 Despite higher revenues and lower finance cost, National Refinery Limited (NRL), the country’s only lube refinery,... Updated 25 Apr, 2024 09:06pm
Companies Unilever beats quarterly sales growth forecasts Unilever’s first-quarter sales grew by a better than expected 4.4%, it said on Thursday, as one of the world’s... Published 25 Apr, 2024 11:54am