General Business News

Islamabad: The Hub Power Company Ltd (HUBC) and Nishat Power Limited (NPL) have reported their financial results for the first quarter of FY25, with mixed performances attributed to various operational and market dynamics. HUBC saw a slight year-over-...

The post HUBC and NPL Report Mixed Results for First Quarter FY25 Amid Market Shifts appeared first on Pakistan Business News.

Karachi: Standard Chartered Bank Pakistan Limited (SCBPL) has reported a 20% increase in profit before tax, reaching PKR 75.5 billion for the third quarter of 2024. This financial upturn is supported by a 16% year-over-year revenue growth across all s...

The post Standard Chartered Pakistan Posts 20% Profit Before Tax Growth in Q3 2024 appeared first on Pakistan Business News.

Karachi: The Pakistani Rupee witnessed slight fluctuations against major currencies in the foreign exchange market over the last two days, as detailed in the latest rates released by the Exchange Companies Association of Pakistan.

According to Excha...

The post Pakistani Currency Fluctuates Modestly Against Major Currencies appeared first on Pakistan Business News.

Islamabad: The National Highway Authority (NHA) has achieved a record-setting increase in annual revenue, reporting a 100% surge to reach PKR 110 billion, up from PKR 64 billion last year. This significant financial growth, driven primarily by toll co...

The post National Highway Authority Doubles Annual Revenue to PKR 110 Billion appeared first on Pakistan Business News.

Karachi: The Union of Small and Medium Enterprises (UNISAME) has publicly lauded Farukh Amil, Chairperson of the Intellectual Property Organization of Pakistan (IPO), for his pivotal role in advocating for Pakistan’s interests in the recent World Inte...

The post UNISAME Commends IPO Chairperson for Efforts on WIPO Treaty appeared first on Pakistan Business News.

Karachi: Al Fatah Icon, a new luxury residential project, is offering premium 2- and 3-bedroom apartments on Main University Road near Malir Cantt, with an attractive 48-month installment plan. This development is positioned to provide high-end living...

The post Al Fatah Icon Introduces Luxury Apartments with Extended Payment Plans in Karachi appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the credit ratings of International Steel Limited (ISL) at 'A+/A1', indicating good credit quality and a strong likelihood of timely repayment for short-term obligations. The medium to lo...

The post VIS Maintains Stable Outlook on International Steel Limited’s Credit Ratings appeared first on Pakistan Business News.