General Business News

Karachi: D.G. Khan Cement Company Ltd. (DGKC) reported significant growth in its first-quarter financial results for fiscal year 2026, reflecting a notable increase in earnings and revenue. The company announced earnings of PkR2.1 billion, equating to...

Karachi: Hub Power Company Ltd (HUBC) is positioning itself for future growth, driven by the burgeoning electric vehicle (EV) market. In its latest projections, HUBC expects to report a net profit after tax (NPAT) of PkR12.1 billion, equating to earni...

Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has joined forces with Precision Development (HK) Limited, a Hong Kong-based enterprise, through a Memorandum of Understanding aimed at fostering trade, investment, and technol...

Karachi: Oil and Gas Development Company Ltd (OGDC) reported its financial performance for the first quarter of fiscal year 2026, revealing earnings of PkR38.3 billion, which represents a 7% decline compared to the same period last year. This decrease...

Karachi: Standard Chartered Bank Pakistan recently hosted a specialized client session to present its digital banking platform, Straight2Bank, in conjunction with a presentation by the State Bank of Pakistan on RAAST, the national instant payment syst...

Karachi: Pakistan Petroleum Limited (PPL) reported a decrease in its earnings for the first quarter of the fiscal year 2026, with earnings per share (EPS) falling 15% year over year to Rs7.38. The decline was primarily attributed to reduced hydrocarbo...

Karachi: The President of the United Business Group, Zubair Tufail, has voiced strong criticism against the State Bank of Pakistan's decision to maintain its policy interest rate at 11 percent, describing it as a significant barrier to the expansion o...