General Business News

Karachi: DG Khan Cement Company Ltd (DGKC) and Attock Cement Pakistan Limited (ACPL) are poised to reveal their financial outcomes for the first quarter of FY25, exhibiting varied performances influenced by market retention and volume dynamics. DGKC i...

The post DGKC and ACPL Anticipate Mixed 1QFY25 Results Amid Varying Market Dynamics appeared first on Pakistan Business News.

Karachi: Baluchistan Glass Ltd. (BGL) faced significant financial challenges in FY24, reporting a loss of PKR 508 million, a sharp increase from the previous year's PKR 135 million. The losses were primarily attributed to an extended eleven-month shut...

The post Baluchistan Glass Ltd. Reports FY24 Losses and Operational Challenges appeared first on Pakistan Business News.

Islamabad: Leading companies in Pakistan's exploration and production sector reported significant declines in profitability for the first quarter of FY25. Oil and Gas Development Company Ltd (OGDC), Pakistan Petroleum Ltd (PPL), Mari Petroleum Compa...

The post E and P Sector Faces Profit Declines in 1QFY25 Amid Production Challenges and Lower Oil Prices appeared first on Pakistan Business News.

Karachi: D.G. Khan Cement Company Ltd. (DGKC) disclosed its financial outcomes for the first quarter of FY25, revealing a 22% year-over-year increase in earnings, surpassing market expectations. This improvement was notably driven by robust gross marg...

The post DG Khan Cement Reports 22% Increase in Earnings, Despite Topline Decline appeared first on Pakistan Business News.

Karachi: Rehan Javed has been appointed as the representative of the Korangi Association of Trade and Industry (KATI) in the Karachi Chamber of Commerce, a move aimed at addressing the pressing energy issues faced by the city's traders. Javed's appoin...

The post Rehan Javed Appointed as KATI Representative in Karachi Chamber to Address Energy Challenges appeared first on Pakistan Business News.

Lahore: Tariq Glass Industries Limited (TGL) convened a corporate briefing session today to review its FY24 results and future outlook, revealing a significant 74% year-on-year growth in earnings. Despite this robust performance, the company did not d...

The post Tariq Glass Industries Reports 74% Surge in FY24 Earnings, No Dividend Issued appeared first on Pakistan Business News.

Lahore: The Lahore Chamber of Commerce and Industry (LCCI) has publicly condemned the Federal Board of Revenue's (FBR) recent raids on local industrial units, criticizing the actions for causing significant disruptions and fostering a climate of fear a...

The post LCCI Criticizes FBR for Disruptive Raids on Lahore’s Industrial Units appeared first on Pakistan Business News.