Karachi: Currency exchange rates in Pakistan have experienced slight variations, according to data released on April 24, 2025, by the Exchange Companies Association of Pakistan. The report provides insights into the buying and selling rates of several...
Read More »Daily Archives: April 24, 2025
Bank Al-Habib’s Earnings Climb in First Quarter Amid Provisioning Reversal
Karachi: Bank Al-Habib Limited (BAHL) reported a notable increase in profits for the first quarter of the calendar year 2025, driven by a significant reversal in provisioning. The bank announced a profit of PkR10.2 billion for the quarter, representin...
Read More »Engro Polymer Reports Loss Amid Market Challenges and Strategic Shifts
Karachi: Engro Polymer and Chemicals Limited (EPCL) presented its financial results for the first quarter of the calendar year 2025, revealing a loss of PkR825 million. This figure, though improved from the previous year's loss of PkR901 million, high...
Read More »State Bank of Pakistan Reports Exchange Rate Figures for Major Currencies
Karachi: The State Bank of Pakistan released the latest exchange rates for major currencies, reflecting the weighted average customer buying and selling rates as of April 24, 2025. The report provides insights into the local currency market dynamics a...
Read More »Systems Limited Projects Profit Surge Amid Strong Market Performance
Karachi: Systems Limited is poised to report a significant increase in net profit after tax (NPAT) for the first quarter of the calendar year 2025, according to a recent analysis by AKD Securities Limited. The company is expected to achieve an NPAT of...
Read More »Scotland’s Initiative to Connect Chinese Industries Through PCJCCI
Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) hosted a visit from Prof. Dr. Alaa Garad, Pro Vice Chancellor of Scotland's Al-Maktoum College of Higher Education, who unveiled a trilateral partnership framework dubbed the "...
Read More »PM’s Visit to Turkiye Seen as Catalyst for Economic Growth
Karachi: The Korangi Association of Trade and Industry (KATI) has expressed optimism about Prime Minister Shehbaz Sharif's official visit to Turkiye. Junaid Naqi, the president of KATI, described the visit as a significant step toward enhancing econom...
Read More »Flat Steel Prices Impact International Steel Ltd’s Quarterly Earnings
Karachi: International Steel Ltd (ISL) reported a significant decline in its third-quarter earnings for fiscal year 2025, largely due to reduced flat steel prices and lower gross margins. The company announced a net profit after tax (NPAT) of PkR417 m...
Read More »China to Train Pakistani Astronauts for Space Missions
Beijing: China will select and train two astronauts belonging to Pakistan for the first time for upcoming space missions. According to Radio Pakistan, Lin Xiqiang, China and Pakistan are conducting astronaut selection in Pakistan. He said the initi...
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