General Business News

Lahore: Millat Tractors Limited (MTL) announced its financial results for the first quarter of fiscal year 2026, revealing a notable decrease in earnings. The company reported an unconsolidated profit of Rs514 million, translating to an earnings per s...

Karachi: The SITE Association of Industries (SAI) has issued a strong critique of Pakistan's telecom operators and internet service providers, citing persistent network problems that they argue are hindering business activities. Industrialists from...

Karachi: Fauji Cement Company Ltd. (FCCL) has released its financial results for the first quarter of fiscal year 2026, revealing a slight increase in profitability. The company reported earnings of PkR3.3 billion, equivalent to an earnings per share ...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned a preliminary debt instrument rating to Nishat Mills Limited (NML) for its PKR 7 billion privately placed term sukuk (PPSTS). NML, a major player in Pakistan's textile sector and t...

KARACHI: Kot Addu Power Company Limited (KAPCO) shared its FY25 financial results and strategic developments during an analyst briefing, highlighting substantial earnings, new business models, and diversification efforts. KAPCO announced earnings of...

Karachi: Gharibwal Cement Ltd (GWLC) reported a 27 percent increase in earnings for the fiscal year 2025, reaching PkR2.2 billion, up from PkR1.7 billion the previous year. This growth was attributed to improved margins and a 2 percent rise in sales v...

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...