General 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...

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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.

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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KARACHI: Dr. Javed Shaikh, Acting Chairman of the Employees' Old-Age Benefits Institution (EOBI), announced the establishment of a weekly helpdesk at the SITE Association of Industry to address members' concerns related to EOBI. This initiative aims t...

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Karachi: Pakistan National Shipping Corporation (PNSC) has announced plans to acquire new Aframax vessels to enhance its fleet capabilities and meet the country's maritime transportation needs. The move aims to replace the existing vessels, which are ...

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Karachi: The currency exchange rates in Pakistan experienced slight changes over a two-day period, with minor fluctuations observed across various foreign currencies. The buying and selling rates for the US dollar, Euro, British pound, Japanese yen, U...

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