Karachi: Allied Bank Ltd (ABL) conducted its analyst briefing, revealing a 28% year-on-year decrease in standalone net profit after tax (NPAT) for the first nine months of the calendar year 2025. The bank attributed this reduction to a decline in net …
Karachi: The Pakistan Credit Rating Agency Limited has reaffirmed the asset manager rating of ABL Asset Management Company Limited, highlighting the company’s experienced management team, robust risk management framework, and significant digital advan…
Karachi: IPAK Group’s financial performance for the first quarter of the fiscal year 2026 showcases significant growth, with a sevenfold increase in net profit and a 33% rise in consolidated sales, highlighting the company’s strong market position and…
Karachi: Engro Powergen Qadirpur Ltd (EPQL) reported a significant contraction in profits for the third quarter of the fiscal year 2025, as detailed in an analyst briefing held earlier today. The company revealed a 70% year-on-year decrease in its bot…
KARACHI: The Karachi Development Authority (KDA) has unveiled its Greater Karachi Regional Master Plan 2047, aimed at addressing the evolving challenges of the city and guiding its development priorities for the next few decades. This initiative, as a…
Karachi: The first quarter of fiscal year 2026 earnings previews for Fauji Cement Company Ltd (FCCL), Cherat Cement Company Ltd (CHCC), and Attock Cement Pakistan Ltd (ACPL) reveal a varied performance across the sector, according to a report by JS Gl…
Karachi: The Exchange Companies Association of Pakistan (ECAP) announced the closing exchange rates in the open market, showing a stable performance of major currencies against the Pakistani Rupee. According to the data released, the US Dollar was bei…
Karachi: Meezan Bank Ltd reported its third-quarter financial results, revealing a net profit of PkR21.1 billion, marking an 18% decrease from the previous year. Despite the decline, the results are in line with projections, and the bank announced an …
Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rate (KIBOR) figures, reflecting current trends in the financial market. The data, updated as of October 24, 2025, indicates stable interest rates across various ten…
Berlin:President Asif Ali Zardari was accorded a warm reception at the German Ministry of Defense in Berlin today. Upon arrival, he was warmly received by German President Frank-Walter Steinmeier and was presented a guard of honour.
According to Rad…
