General Business News

Islamabad: Standard Chartered Bank (Pakistan) Limited declared an interim cash dividend of 35% (PKR 3.50/- per share) for the first half of 2025, despite a decrease in profit before tax to PKR 32.9 billion compared to PKR 49.3 billion in the same peri...

Lahore: Pak Elektron Limited (PAEL) reported a significant increase in its second-quarter earnings for 2025, with earnings per share reaching Rs1.85, marking a 77% rise year-over-year and a 2.6-fold increase quarter-over-quarter. The results aligned w...

Karachi: Pakistan Telecommunication Company Limited (PTCL) has reported a 16% increase in group revenue for the first half of 2025, demonstrating robust growth across several sectors, including fixed broadband and mobile data. This announcement follow...

Islamabad: Fauji Fertilizer Company (FFC) is making strides toward Shariah compliance following its merger with FFBL. The June 2025 financials reveal FFC has successfully reduced its non-compliant investments to total assets ratio below the 33% thresh...

Islamabad: inDrive, an international mobility and urban services platform, has teamed up with Qist Bazaar to provide exclusive price reductions on a variety of essential goods for its drivers throughout Pakistan. This program demonstrates inDrive's de...

Karachi: Allied Limited (ABL) presented its 1HCY25 financial results during an analyst briefing, revealing a 26% year-on-year decrease in profits to PkR17.5 billion. The decline comes as a result of a contraction in net mark-up income and rising opera...

Islamabad: inDrive, an international mobility and urban services platform, has teamed up with Qist Bazaar to provide exclusive price reductions on a variety of essential goods for its drivers throughout Pakistan. This program demonstrates inDrive's de...