General Business News

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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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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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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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: 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.