General Business News

Karachi: PACRA has announced that it will maintain the A+ long-term and A1 short-term entity ratings for Sapphire Fibres Limited (SFL), citing the company's stable outlook. The decision highlights the company's robust standing within the Sapphire Grou...

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Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its rating of HBL Microfinance Bank Limited's (HBL MfB) Tier 2 Capital Term Finance Certificate (TFC) at 'A' with a stable outlook. This decision sustains the evaluation from ea...

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Karachi: MACPAC Films Ltd. (MACFL) recently held its corporate briefing to discuss the financial performance for the fiscal year 2024 (FY24) and outline its future strategies. The company reported a slight increase in revenue, registering PkR5.6 billi...

The post MACPAC Films Ltd. Reports Modest Revenue Growth Amidst Challenges in FY24. appeared first on Pakistan Business News.

Lahore: AgriTech Ltd conducted an analyst briefing today to discuss its financial performance for the first nine months of the calendar year 2024 (9MCY24) and outline its future prospects. The company reported a notable increase in sales, reaching PkR...

The post AgriTech Ltd Reports Positive Sales Growth Amid Financial Challenges. appeared first on Pakistan Business News.

Karachi: Meezan Bank, Pakistan's leading Islamic bank, has entered into a strategic alliance with CashNow, Pakistan's pioneering supply chain finance platform, to revolutionize Shariah-compliant supply chain finance. A Memorandum of Understanding (MoU...

The post Meezan Bank and CashNow Collaborate to Launch Pakistan’s First Digital Islamic Supply Chain Finance Product. appeared first on Pakistan Business News.

Karachi: Lucky Cement Company Limited (LUCK) conducted its Corporate Briefing yesterday to discuss 1QFY25 results and outlook. On a standalone basis, the company reported an EPS of Rs22.4 for 1QFY25, up 1% YoY/down 31% QoQ. Meanwhile, on a consolidate...

The post Lucky Cement’s Strategic Cost Optimization and Renewable Ventures. appeared first on Pakistan Business News.

Lahore: The Punjab government has made a forward-thinking investment of PKR 4 billion to launch the Chief Minister's "Free Solar Panel Project", as reported by a source on November 11.

According to Zameen.Com, this substantial allocation aims to en...

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