General Business News

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Searle Company Limited Reports FY24 Earnings, Plans Product Expansion

Karachi: The Searle Company Limited (SEARL) conducted a corporate briefing to present its FY24 earnings and discuss future outlook. Key highlights included a 14% year-over-year increase in consolidated topline to Rs29 billion, alongside a gross margin...

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Mian Abrar Ahmed Elevated to Vice Chairman of Businessman Group

Karachi: Mian Abrar Ahmed, the former President of the Karachi Chamber of Commerce and Industry (KCCI), has been appointed as Vice Chairman of the Businessman Group. The announcement was made during a ceremony held at the Pakistan Eye Bank Society (PE...

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Nishat Mills Reports Decline in Earnings Amid Energy Challenges and Competitive Pressures

Lahore: Nishat Mills Limited (NML) hosted a corporate briefing addressing its financial performance for fiscal year 2024, revealing a 30% year-over-year decline in consolidated net earnings to Rs22.38 per share. The company's standalone earnings were ...

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Pakistan and Belarus Seek to Enhance Trade Relations Through Local Currency and Banking Channels

KARACHI: Pakistan and Belarus are seeking to strengthen their bilateral trade relations through the promotion of transactions in local currencies and the establishment of banking channels. The initiative comes in the wake of a visit by Belarusian Pres...

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PPL Management Visits BME Stall at IDEAS 2024, Showcasing Mining Achievements

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...

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Pakistan and Belarus Seek to Enhance Economic Partnership

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 ...

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Nishat Mills Limited Reports 48% Decline in Profits, Plans Strategic Investments

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...

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