General Business News

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Nishat Chunian Limited Reports Strong Financial Turnaround Amid Expanding Market Strategy

Lahore: Nishat Chunian Limited (NCL) announced a significant improvement in its financial performance for the fiscal year 2024, with an increase in revenue and a return to profitability, during a corporate briefing session. The company reported a reve...

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BF Biosciences Limited Reports 102% Growth in Annual Revenue Amidst Strategic Expansions

Karachi: BF Biosciences Limited (BFBIO) announced a significant 102% growth in its FY24 revenue, reaching PkR3.7 billion compared to PkR1.8 billion in FY23. This growth was attributed to an 84% increase in volumes and an 18% rise in prices, with Antif...

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Currency Exchange Rates Show Slight Fluctuations in Major Currencies

Karachi: Currency exchange rates in Pakistan experienced slight changes between November 26 and November 27, 2024, with minor fluctuations observed in the buying and selling rates of major foreign currencies.

According to Exchange Companies Associa...

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Searle Reports Revenue Growth Amidst Losses and Expands International Reach

Karachi: The Searle Company Ltd. (SEARL) announced a 14% year-on-year increase in revenue for the fiscal year 2024, reaching PkR29.4 billion, driven by deregulation of non-essential drugs and a one-time price increase for essential drugs. Despite the ...

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Lahore Chamber Urges Cellular Companies to Resolve Network Issues Affecting Business Operations

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has called on cellular companies to address ongoing network issues that are reportedly causing significant financial losses for businesses. During a meeting with Pakistan Telecommunication Aut...

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Roshan Packages Ltd Reports Modest Revenue Growth But Significant NPAT Increase Amid Production Challenges

Karachi: Roshan Packages Ltd reported a slight increase in revenues, reaching PkR10.3 billion for the fiscal year 2024, marking a 0.85% year-over-year growth. However, the company experienced a substantial rise in net profit after tax (NPAT), which su...

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Pakistan and Belarus Aim to Boost Economic Ties with High-Level Visit

Karachi: Economic relations between Pakistan and Belarus are poised for significant enhancement as President Alexander Lukashenko of Belarus embarks on a visit to Pakistan. This development is expected to initiate a new era in trade, joint ventures, a...

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