General Business News

Karachi: The Union of Small and Medium Enterprises (UNISAME) has expressed its appreciation for the collaborative efforts between the Small and Medium Enterprises Development Authority (SMEDA) and the Board of Investment (BOI) in implementing over 170...

The post SMEDA and BOI Collaborate for Over 170 Regulatory Reforms in Pakistan. appeared first on Pakistan Business News.

Karachi: Fauji Fertilizer Bin Qasim Limited (FFBL) management held a corporate briefing yesterday to discuss the financial performance for the third quarter of the calendar year 2024 (3QCY24) and the outlook for the future. This briefing is expected t...

The post FFBL Reports Significant Growth in Profitability Amid Positive Market Conditions. appeared first on Pakistan Business News.

Karachi: FCL has announced a significant rise in its Net Profit After Tax (NPAT) for the fiscal year 2024, reaching PkR1.89 billion, which translates to earnings per share of PkR3.0, marking a 9% year-on-year increase. This improvement was primarily a...

The post FCL Reports 9% YoY Increase in NPAT for FY24, Expects Revenue Growth in FY25. appeared first on Pakistan Business News.

Karachi: BankIslami, one of Pakistan's leading Islamic banks, has launched its revamped mobile app designed to enhance the banking experience with advanced security features and user-friendly functionality for customers nationwide. This upgrade aims t...

The post BankIslami Unveils Enhanced Mobile App for Secure Banking Experience. appeared first on Pakistan Business News.

Lahore: Lucky Cement posted standalone profitability of PkR6.6 billion (EPS: PkR22.4) in the first quarter of FY25, marking a 5% decline from PkR6.9 billion (EPS: PkR23.6) in the same period last year. This decrease is primarily attributed to a contra...

The post Lucky Cement Reports Mixed Financial Results for 1QFY25. appeared first on Pakistan Business News.

Spain: The International Union for Conservation of Nature (IUCN), in collaboration with Huawei Spain, the Center for Mediterranean Cooperation (IUCN Med), and the Sierra Nevada Natural Area, have announced the renewal of the Sierra Nevada National Par...

The post IUCN and Huawei Announce Sierra Nevada’s Green List Renewal and Tech4Nature Project Expansion. appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Primus Leasing Limited ('PLL' or the 'NBFC') at 'A+/A1' (Single A Plus/A One). The long-term rating of 'A+' indicates good credit quality with adequate protection fa...

The post VIS Reaffirms Ratings of Primus Leasing Limited. appeared first on Pakistan Business News.