General Business News

Karachi: The State Bank of Pakistan has released its latest weighted average customer exchange rates, showing relative stability in the buying and selling rates of major international currencies. The report, published by the Domestic Markets and Monet...

Karachi: The Exchange Companies Association of Pakistan reported fluctuations in currency exchange rates on October 29, 2025, with the USD and EURO experiencing slight increases. The USD was recorded at a buying rate of 281.46 and a selling rate of 28...

Karachi: Fauji Fertilizer Company Ltd. (FFC) announced its financial results for the first nine months of calendar year 2025, revealing an increase in earnings despite a downturn in urea sales. The company reported standalone earnings of PkR57.6 billi...

Karachi: Pakistan Petroleum Limited (PPL) has reported a 15% year-on-year decrease in its earnings per share for the first quarter of fiscal year 2026, attributed mainly to reduced hydrocarbon production. The company's earnings for the quarter amounte...

Karachi: Pakistan's cement sector has reported a significant profit increase of 20% quarter-on-quarter in the first quarter of fiscal year 2026, amounting to Rs37.5 billion. This growth reflects a 55% rise compared to the same period last year. Howeve...

Karachi: At Pakistan Petroleum Limited's (PPL) 74th Annual General Meeting held in Karachi, shareholders approved a 25% final cash dividend on ordinary shares, culminating in a total dividend of 75% for the fiscal year ending June 30, 2025. The meetin...

Islamabad: Pakistan Oilfields Limited (POL) disclosed a noteworthy financial upturn for the first quarter of the fiscal year 2026, with earnings per share climbing to Rs19.13, marking a 2.1 times increase compared to the same period last year. However...