General Business News

Karachi: Bolan Mining Enterprise (BME), a collaborative venture between Pakistan Petroleum Limited (PPL) and the Government of Balochistan, demonstrated its significance in the mining industry by hosting a stall at the 12th International Defence Exhib...

The post PPL Management Visits BME Stall at IDEAS 2024, Showcasing Mining Achievements appeared first on Pakistan Business News.

Karachi: The recent visit of Belarusian President Aleksandr Lukashenko to Pakistan is anticipated to pave the way for increased trade, joint ventures, and investments between the two nations. This was articulated by key members of the United Business ...

The post Pakistan and Belarus Seek to Enhance Economic Partnership appeared first on Pakistan Business News.

Lahore: Nishat Mills Limited (NML) held a corporate briefing session to discuss its fiscal year 2024 financial results and outline future strategies amidst challenging market conditions. The company reported a 48% decline in net profit after tax (NPAT...

The post Nishat Mills Limited Reports 48% Decline in Profits, Plans Strategic Investments appeared first on Pakistan Business News.

Karachi: The Government of Pakistan has announced the 16th issuance of its IJARAH SUKUK, set to take place on December 3, 2024, via the Pakistan Stock Exchange (PSX). This initiative will be executed in collaboration with the National Clearing Company...

The post Pakistan to Conduct 16th IJARAH SUKUK Auction in December through PSX appeared first on Pakistan Business News.

Lahore: Pioneer Cement Limited (PIOC) held a corporate briefing session to discuss its financial results for FY24 and the first quarter of FY25, highlighting its commitment to debt reduction and cost efficiencies. The company reported a 92% year-on-ye...

The post Pioneer Cement Focuses on Debt Reduction and Cost Efficiencies Amid Strong Earnings Growth appeared first on Pakistan Business News.

Lahore: Panther Tyres Ltd. (PTL) held its corporate briefing, revealing a significant 38% year-over-year increase in its FY24 revenue, reaching PkR29.5 billion compared to PkR21.4 billion in FY23. The company attributed this growth to increased volume...

The post Panther Tyres Ltd. Reports 38% Increase in FY24 Revenue Amid Volumetric Growth appeared first on Pakistan Business News.

Lahore: Ferozsons Laboratories Limited (FEROZ) experienced a substantial 28% increase in revenue for the fiscal year 2024, reaching PkR12.7 billion compared to PkR9.9 billion in the previous fiscal year. This growth was driven by a 20% rise in volume ...

The post Ferozsons Laboratories Reports 28% Revenue Increase in FY24, Faces Decline in 1QFY25 Earnings appeared first on Pakistan Business News.