General Business News

This category covers all news related General Business News

Meezan Bank Launches Advanced Governance and Risk Management Platform

Karachi: Meezan Bank, in partnership with BenchMatrix, has implemented the RiskNucleus® GRC Platform to bolster its Enterprise Technology Governance & Risk Management Framework (ETGRM). This initiative aims to strengthen compliance with the State ...

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Maple Leaf Cement Reports Mixed Financial Results and Strategic Initiatives

Lahore: Maple Leaf Cement Factory (MLCF) recently shared insights from its corporate briefing, highlighting a notable 20% increase in consolidated earnings for fiscal year 2024, amounting to Rs6,891 million. However, the company experienced a 17% year...

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R2r Crack for Ableton 10 Poses Significant Risks for Users and Systems

Islamabad: The use of R2r crack for Ableton 10, a pirated version of the popular music production software, has raised concerns due to the numerous risks it poses to users and their systems. While many are tempted to use this unauthorized version to a...

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PPL Honored with Corporate Philanthropy Award for 19th Consecutive Year

ISLAMABAD: Pakistan Petroleum Limited (PPL) has been recognized as one of the largest corporate donors in Pakistan for 2022 by the Pakistan Centre for Philanthropy (PCP), marking the 19th consecutive year it has received this honor. PPL's Corporate So...

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ILP Reports Revenue Surge Amid Declining Profitability and Strategic Expansion

Karachi: ILP, a notable entity in the apparel industry, has reported a significant increase in revenue for the fiscal year 2024, reaching PkR156 billion, a 31% rise compared to the previous year. However, the company's profitability has taken a downtu...

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Haleon Pakistan Reports Significant Earnings Growth Amid Strategic Portfolio Expansion

Karachi: Haleon Pakistan Limited (HALEON) has reported a considerable increase in earnings, achieving Rs3.2 billion for the first nine months of the calendar year 2024, marking a 5.1-fold year-on-year growth, This surge translates into an earnings per...

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Mughal Steel Reports Record Revenue Amid Decline in Profitability

Karachi: In its fiscal year 2024 briefing, Mughal Steel announced a record revenue of PKR 92.4 billion, marking a 37% increase from the previous year, driven largely by higher sales volumes. Despite this achievement, the company faced significant chal...

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