General Business News

Karachi: Honda Atlas Cars Pakistan Limited (HCAR) has reported a substantial increase in profitability for the second quarter of the fiscal year MY26, driven by a notable rise in sales volumes. The company announced a profit after tax of PKR 742 milli...

Islamabad: Pakistan Oilfields Limited (POL) held a Corporate Briefing Session to discuss its financial results and future outlook. The company announced the commencement of gas production at its Razgir site, with plans to boost capacity by the end of ...

LAHORE: Panther Tyres Limited is set to launch its first privately placed short-term Sukuk valued at PKR 2 billion, according to a press release by The Pakistan Credit Rating Agency Limited. The instrument is secured by a ranking charge over the compa...

Karachi: The Exchange Companies Association of Pakistan (ECAP) released the open market closing exchange rates for several key currencies, indicating stable trading conditions amidst ongoing economic shifts. The data provided by the State Bank of Paki...

Karachi: Ghani Chemical Industries Limited (GCIL) announced significant growth in its fiscal year 2025 performance, highlighted by a 2.5 times increase in earnings per share (EPS) to Rs3.99. This growth was driven by a 16 percentage point improvement ...

Karachi: The Karachi Interbank Offered Rate (KIBOR) has shown slight variations in its latest update, reflecting a stable economic environment. The data, released by the State Bank of Pakistan and sourced from Refinitiv, indicates minimal changes acro...

Karachi: Habib Bank Limited (HBL) reported significant growth in deposits and earnings during its latest Corporate Briefing Session, detailing a series of strategic financial maneuvers. The bank's total deposits increased by 16% in the first nine mont...