Karachi: Unity Foods Ltd (UNITY) announced a significant financial turnaround for the fiscal year 2025 during its analyst briefing, having reported a net profit after tax of PkR1.6 billion. This marks a reversal from the previous fiscal year’s loss of…
Karachi: The Pakistan Stock Exchange saw significant gains as both the KSE30 and KSE100 indices climbed and trading activity increased. The KSE30 rose by 655.86 points, closing at 49,735.93, while the KSE100 surged by 1,496.04 points to end at 163,188…
Karachi: Pakistan National Shipping Corporation (PNSC) disclosed a 19% decline in revenue for the fiscal year 2025 during its corporate briefing, attributing the drop to reduced freight rates and fewer voyages following the disposal of vessels. Despit…
Karachi: In a significant move toward promoting a cashless economy in Pakistan, Jazz has initiated the distribution of free SIM cards to two million beneficiaries of the Benazir Income Support Programme (BISP). Notably, 1.7 million of these SIMs come …
Islamabad: inDrive, a global mobility and services platform, has launched a new delivery service using rickshaws in Lahore and Karachi. The service aims to provide a cost-effective, fast, and reliable option for parcel deliveries, targeting both custo…
Karachi: The Pakistan Stock Exchange (PSX) saw a fractional dip on Monday as both the KSE30 and KSE100 indices recorded slight declines, reflecting a day of mixed performances among listed companies. The KSE100 index closed at 161,984.09 points, marki…
Islamabad: Oil & Gas Development Company Limited (OGDC) conducted its analyst briefing session to discuss recent financial results and future prospects. The company witnessed a contraction in earnings by 19% for the fiscal year 2025 and 7% for the…
Karachi: In a strategic initiative to address the persistent security concerns in Karachi, a significant meeting took place between Irfan Baloch, Deputy Inspector General (DIG) West and Central, and Hafeez Aziz, Chief PCLC of the Karachi Chamber of Co…
Karachi: The market experienced a volatile trading session, opening on a positive note but closing with a decline of 834 points at 162,103. The index reached an intraday high of 421 points and a low of 1,083 points before settling. Trading volumes inc…
Islamabad:Minister for Information Technology Shaza Fatima Khawaja has announced that Pakistan-Azerbaijan relations have evolved beyond traditional diplomatic ties into a dynamic partnership covering trade, investment, energy, defence, and digital tra…
