General Business News

Karachi: Systems Limited is expected to report a notable increase in net profit after tax (NPAT) for the fourth quarter of the calendar year 2024, reaching PkR2.4 billion, compared to PkR1.5 billion in the same period last year. This growth is driven ...

The post Systems Limited Projected to See Significant Profit Growth in 4QCY24 appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited (VIS) has announced the withdrawal of entity ratings for CDC Share Registrar Services Limited, effective immediately. This decision follows the company's choice to cease its ratings, as indicated in a recent ...

The post VIS Withdraws Ratings for CDC Share Registrar Services Limited appeared first on Pakistan Business News.

Karachi: Meezan Bank, Pakistan's leading Islamic bank, has introduced a Foreign Currency (FCY) Debit Card specifically designed for exporters and freelancers who maintain an Exporters' Special Foreign Currency Account (ESFCA) with the bank. This new o...

The post Meezan Bank Launches Global Debit Card for Exporters and Freelancers appeared first on Pakistan Business News.

Lausanne: Tetra Pak has announced the expansion of its homogenizer range with the introduction of the Tetra Pak® Homogenizer 15C and the Tetra Pak® Homogenizer 20C. This new line aims to provide manufacturers with more streamlined and efficient soluti...

The post Tetra Pak Unveils New Homogenizer Range to Boost Efficiency and Cut Costs appeared first on Pakistan Business News.

Karachi: Pak-Qatar Asset Management Company Limited (PQAMC) has achieved a significant rating upgrade for its Pak-Qatar Income Plan under the Pak Qatar Islamic Income Fund, moving from an A+ to an AA- with a Stable Outlook. This development marks a no...

The post Pak-Qatar Asset Management Achieves Rating Upgrade for Islamic Income Fund appeared first on Pakistan Business News.

Karachi: Mari Energies Ltd (MARI) has reported a significant decline in its second-quarter fiscal year 2025 earnings, with Profit After Tax (PAT) falling to PkR11.2 billion, marking a 39% year-over-year decrease. The downturn has been attributed to in...

The post Mari Energies Faces Earnings Decline Amid Rising Costs appeared first on Pakistan Business News.

KARACHI: AL Habib Capital Markets (Pvt.) Limited, a key player in Pakistan's brokerage industry, has received initial long-term and short-term ratings of 'A' and 'A1', respectively, with a stable outlook, from the Pakistan Credit Rating Agency Limited...

The post AL Habib Capital Markets Receives Initial Ratings Highlighting Robust Performance appeared first on Pakistan Business News.