General Business News

Lahore: The newly launched vivo V50 Lite is setting high expectations with its standout features, including an advanced camera system, powerful battery, and sleek design. The smartphone aims to cater to photographers, tech enthusiasts, and daily users...

Karachi: Lucky Cement Limited (LUCK) presented its third-quarter fiscal year 2025 financial results and strategic outlook in a corporate briefing, revealing significant earnings growth driven by increased income. The company reported a stand-alone pro...

Karachi: The Exchange Companies Association of Pakistan released new figures on Monday, indicating minor fluctuations in the exchange rates of several major foreign currencies against the Pakistani Rupee. The United States Dollar showed a slight inc...

KARACHI: The Ethiopian Ambassador to Pakistan, Dr. Jemal Beker Abdula, has called on Karachi's business community to leverage Ethiopia as a strategic entry point into Africa's vast market of 1.5 billion people. Speaking at the Karachi Chamber of Comme...

Karachi: Hub Power Company Ltd (HUBC) is expected to report a notable decline in its net profit after tax (NPAT) for the third quarter of fiscal year 2025. The anticipated NPAT of PkR10.7 billion, translating to earnings per share (EPS) of PkR8.25, ma...

Karachi: JS Bank has reported a profit before tax of PKR 2.74 billion for the first quarter ending March 31, 2025. The bank's profit after tax was PKR 1.29 billion, with earnings per share recorded at PKR 0.63, a decrease from PKR 0.84 in the same per...

Karachi: VIS Credit Rating Company Limited has assigned initial entity ratings to Burj Clean Energy Modaraba (BCEM) of 'A/A1', indicating good credit quality and a strong likelihood of timely short-term obligation repayments. The outlook for these rat...