General Business News

Karachi: Habib Bank Limited (HBL) unveiled its financial performance for the first quarter of the calendar year 2025, showcasing a noteworthy profit increase driven by higher net interest income (NII). The bank reported a profit of PKR 16.6 billion, t...

KARACHI: Ethiopia's Ambassador to Pakistan, Dr. Jemal Beker Abdula, has announced an upcoming exhibition in Ethiopia that will showcase Pakistani products from May 15 to 17, 2025. The event is intended to open avenues for Pakistani goods in the broade...

Islamabad: The federal government has announced a significant policy shift to promote the electric vehicle (EV) sector by setting a reduced base tariff of Rs 39.70 per unit for electricity consumed at EV charging stations. Operators of these stations ...

Karachi: AGP Limited is projected to report a substantial increase in its first-quarter earnings for the calendar year 2025, as per an analysis by JS Global. The pharmaceutical company is expected to post consolidated earnings of Rs861 million, markin...

Karachi: International Packaging Films Limited (IPAK) Group has reported a 66% rise in revenues for the nine months ending March 31, 2025. This increase signifies both top-line expansion and bottom-line growth despite a challenging macroeconomic envir...

Karachi: Mari Energies Ltd (MARI) reported its financial results for the third quarter of fiscal year 2025, revealing a net profit of PkR15.9 billion, equating to an earnings per share (EPS) of PkR13.25. This figure represents a 13 percent increase ye...

Karachi: The State Bank of Pakistan released the latest exchange rates for major currencies, reflecting the weighted average customer buying and selling rates as of April 24, 2025. The report provides insights into the local currency market dynamics a...