Karachi: Pakistan's cement sector has reported a significant profit increase of 20% quarter-on-quarter in the first quarter of fiscal year 2026, amounting to Rs37.5 billion. This growth reflects a 55% rise compared to the same period last year. Howeve...
Read More »Daily Archives: October 29, 2025
Fauji Fertilizer Reports Increased Earnings Amid Declining Urea Sales
Karachi: Fauji Fertilizer Company Ltd. (FFC) announced its financial results for the first nine months of calendar year 2025, revealing an increase in earnings despite a downturn in urea sales. The company reported standalone earnings of PkR57.6 billi...
Read More »Pakistani Currency Exchange Rates Witness Stability Amid Economic Challenges
Karachi: The State Bank of Pakistan has released its latest weighted average customer exchange rates, showing relative stability in the buying and selling rates of major international currencies. The report, published by the Domestic Markets and Monet...
Read More »Mughal Iron and Steel’s Earnings Surge While Amreli Steels’ Losses Persist
Karachi: In a significant financial turnaround, Mughal Iron and Steel Industries Ltd. (MUGHAL) is expected to report a substantial increase in earnings for the first quarter of fiscal year 2026, according to a preview by JS Global. The company is anti...
Read More »Askari Bank’s Profit Surges 24% Amid Strong Non-Markup Income
Karachi: Askari Bank Limited (AKBL) has reported a significant rise in its net profit after tax (NPAT) for the third quarter of the calendar year 2025, reaching PkR7.5 billion, equivalent to an earnings per share (EPS) of PkR5.1. This marks a 24% incr...
Read More »Pakistan’s KIBOR Rates Show Minor Fluctuations Amid Economic Pressures
Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rates (KIBOR), revealing minor fluctuations across various tenors as of October 29, 2025. The data, sourced from Refinitiv, provides insights into the country's lend...
Read More »Fauji Fertilizer Limited Reports Strong Financial Growth Amid Strategic Developments
Islamabad: Fauji Fertilizer Limited (FFC) held a corporate briefing today to discuss its financial performance and future plans, highlighting significant growth and strategic initiatives. The company reported a 14% year-over-year increase in earnings,...
Read More »Pakistan Stock Exchange Faces Continued Decline as KSE-100 Falls Below 50-DMA
Karachi: The Karachi Stock Exchange 100 Index saw a continued decline, closing at 158,465, a drop of 1,636 points. The volume of shares traded fell to 952 million from the previous 1,019 million. The index's dip below the 50-day moving average (DMA) s...
Read More »OGDC Reports 7% Decline in Quarterly Earnings Amid Lower Production and Rising Costs
Karachi: Oil and Gas Development Company (OGDC) has reported a decline in its financial performance for the first quarter of the fiscal year 2026, with earnings per share (EPS) falling to Rs8.91. This marks a 7% year-on-year decrease and a 5% drop fro...
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