General Business News

Bugti: Oil and Gas Development Company Limited (OGDCL) has announced the commencement of production from the Uch-35 development well. Utilizing the company's in-house expertise, the well was drilled to a depth of 1,345 meters, targeting the hydrocarbo...

The post OGDCL Commences Production from Uch-35 Development Well. appeared first on Pakistan Business News.

Karachi: In the first nine months of calendar year 2024, FFL reported a net revenue of PkR17.8 billion, marking a 20% year-on-year increase from PkR14.8 billion in the same period last year. This growth was primarily driven by an increase in ultra-hig...

The post FFL Reports Robust Growth in 9MCY24 with Strategic Expansion Plans. appeared first on Pakistan Business News.

Karachi: Macpac Films Ltd (MACFL) recently held a corporate briefing to discuss its first quarter financial results for fiscal year 2025 and future outlook. MACFL reported an earnings per share (EPS) of Rs0.13 for 1QFY25, a significant drop from the E...

The post Macpac Films Ltd Reports Decline in Profitability Amid Rising Costs. appeared first on Pakistan Business News.

Lahore: AgriTech Ltd conducted an analyst briefing today to discuss its financial performance for the first nine months of the calendar year 2024 (9MCY24) and outline its future prospects. The company reported a notable increase in sales, reaching PkR...

The post AgriTech Ltd Reports Positive Sales Growth Amid Financial Challenges. appeared first on Pakistan Business News.

Karachi: Meezan Bank, Pakistan's leading Islamic bank, has entered into a strategic alliance with CashNow, Pakistan's pioneering supply chain finance platform, to revolutionize Shariah-compliant supply chain finance. A Memorandum of Understanding (MoU...

The post Meezan Bank and CashNow Collaborate to Launch Pakistan’s First Digital Islamic Supply Chain Finance Product. appeared first on Pakistan Business News.

Karachi: Lucky Cement Company Limited (LUCK) conducted its Corporate Briefing yesterday to discuss 1QFY25 results and outlook. On a standalone basis, the company reported an EPS of Rs22.4 for 1QFY25, up 1% YoY/down 31% QoQ. Meanwhile, on a consolidate...

The post Lucky Cement’s Strategic Cost Optimization and Renewable Ventures. appeared first on Pakistan Business News.

Lahore: The Punjab government has made a forward-thinking investment of PKR 4 billion to launch the Chief Minister's "Free Solar Panel Project", as reported by a source on November 11.

According to Zameen.Com, this substantial allocation aims to en...

The post Punjab Government Invests PKR 4 Billion in Free Solar Panel Initiative to Cut Energy Bills. appeared first on Pakistan Business News.