General Business News

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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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...

The post Searle Company Limited Reports FY24 Earnings, Plans Product Expansion appeared first on Pakistan Business News.

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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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 ...

The post Nishat Mills Reports Decline in Earnings Amid Energy Challenges and Competitive Pressures appeared first on Pakistan Business News.

Karachi: Macter International held a corporate briefing to discuss its financial results for FY24, reporting a 13% increase in revenue to PkR7.5 billion, up from PkR6.7 billion in FY23. This growth was primarily attributed to price adjustments followi...

The post Macter International Reports 13% Revenue Growth for FY24 Amid Strategic Product Launches appeared first on Pakistan Business News.

Karachi: Pak-Qatar Group and ILMA University have entered into a strategic partnership aimed at enhancing the talent pool within Pakistan's Islamic finance industry. The agreement, formalized through a Memorandum of Understanding (MoU), seeks to lever...

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Karachi: Unity Foods Ltd. conducted its FY24 analyst briefing, unveiling key financial results and future strategies. The company reported a 17.6% decline in revenue to PkR83.0 billion, attributed to falling local edible oil prices. Unity Foods also f...

The post Unity Foods Faces Decline in Revenue and Profit Amid Strategic Diversification Efforts appeared first on Pakistan Business News.