Business & Finance News

National Refinery Limited Reports Increased Revenue but Larger Net Losses in 2024

Karachi: National Refinery Limited (NRL) has reported a significant increase in revenue for the fiscal year ended June 30, 2024, despite facing higher net losses compared to the previous year. The financial results reveal a complex fiscal period highl...

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Millat Tractors Limited Sets Board Composition for Upcoming Election

Karachi: The Board of Directors of Millat Tractors Limited announced at their meeting on September 2, 2024, that twelve directors will be elected at the upcoming general meeting scheduled for October 30, 2024. This decision outlines the structure of l...

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Standard Chartered Bank Pakistan Announces Second Interim Dividend for 2024

Karachi: Standard Chartered Bank (Pakistan) Limited (SCBPL) has declared a second interim cash dividend of 20% for the year ending on 31 December 2024, following a meeting of its Board of Directors on 26 August 2024. This decision comes on top of a pr...

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Premier Insurance Reports Mixed Financial Performance in First Half of 2024

Karachi: Premier Insurance has disclosed its unaudited condensed interim financial statements for the first half of the year ended June 30, 2024, revealing mixed financial results amid challenging economic conditions. According to information availabl...

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International Steels Limited Navigates Challenging Year with Strategic Mergers and Green Initiatives

Karachi: International Steels Limited (ISL) has released its 17th Annual Report, outlining a year of strategic maneuvers and sustainability initiatives amidst a tumultuous global steel market. The company announced the successful merger with Liven Pha...

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