Karachi: FCL has announced a significant rise in its Net Profit After Tax (NPAT) for the fiscal year 2024, reaching PkR1.89 billion, which translates to earnings per share of PkR3.0, marking a 9% year-on-year increase. This improvement was primarily a…

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Karachi: BankIslami, one of Pakistan’s leading Islamic banks, has launched its revamped mobile app designed to enhance the banking experience with advanced security features and user-friendly functionality for customers nationwide. This upgrade aims t…

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Lahore: Lucky Cement posted standalone profitability of PkR6.6 billion (EPS: PkR22.4) in the first quarter of FY25, marking a 5% decline from PkR6.9 billion (EPS: PkR23.6) in the same period last year. This decrease is primarily attributed to a contra…

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Spain: The International Union for Conservation of Nature (IUCN), in collaboration with Huawei Spain, the Center for Mediterranean Cooperation (IUCN Med), and the Sierra Nevada Natural Area, have announced the renewal of the Sierra Nevada National Par…

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Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Primus Leasing Limited (‘PLL’ or the ‘NBFC’) at ‘A+/A1’ (Single A Plus/A One). The long-term rating of ‘A+’ indicates good credit quality with adequate protection fa…

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Karachi: VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings to Ranipur Sugar Mills Limited (RSML or the Company) of ‘A-/A2’ (Single A minus/A Two). A medium to long-term rating of ‘A-‘ indicates good credit quality, with adequ…

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Switzerland: Tetra Laval, the conglomerate comprising Tetra Pak, Sidel, and DeLaval, has announced its commitment to aid those impacted by the recent floods in Spain’s Valencia region. In a display of solidarity, the group has expressed its sympathy f…

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Karachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has been elected as the Vice President of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) for the 2024-2026 …

The post Atif Ikram Sheikh Elected Vice President of 27-Country Trade Alliance. appeared first on Pakistan Business News.

KARACHI: Korangi Association of Trade and Industry (KATI) President Junaid Naqi has lauded the Prime Minister’s announcement of a winter relief package for industries, urging that it be made a permanent initiative and that PKR 33 billion in pending in…

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