General Business News

Karachi: Attock Cement Pakistan Ltd. (ACPL) has reported a substantial increase in its financial performance for the fiscal year 2024, driven by a combination of higher offtakes and strategic divestment activities. The company's topline increased to P...

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Karachi: Pakistan Cables Limited (PCAL) has had its entity ratings reaffirmed at 'A/A1' (Single A/A One) by VIS Credit Rating Company Ltd. (VIS), maintaining the medium to long-term rating at 'A' and the short-term rating at 'A1'. The outlook remains ...

The post VIS Reaffirms Ratings for Pakistan Cables Limited, Outlook Negative appeared first on Pakistan Business News.

Lahore: Maple Leaf Cement Factory Ltd. (MLCF) announced a 7% increase in its topline for FY24, reaching PkR66.4 billion, driven by improved retention prices. However, the company's utilization fell to 45% due to weaker demand and increased capacity,
...

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Karachi: National Bank of Pakistan (NBP) has become the first commercial bank in the country to enter into a co-badging agreement with 1LINK and Mastercard, marking a pivotal development in the advancement of digital payment solutions in Pakistan. Thi...

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Karachi: Oil and Gas Development Company Limited (OGDCL) is advancing its exploration of tight gas resources in Pakistan's Indus Basin, aligning with the Government of Pakistan's new Tight Gas Policy 2024. The company has achieved initial success with...

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Karachi: Jazz has signed a three-year frame agreement with ENA, a subsidiary of JBS, to provide precision cooling solutions for its data centers, aiming to ensure top-tier connectivity services and contribute to sustainability goals.

According to J...

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Karachi: Oil and Gas Development Company Limited (OGDCL) has credited the first interim cash dividend of Rs 3.00 per share to its shareholders for the period ending September 30, 2024. The payment was electronically deposited into the designated bank ...

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