Karachi: Interloop Ltd. (ILP) has released its financial results for the first quarter of fiscal year 2026, recording a substantial increase in profitability. The company reported a profit of PKR 2.8 billion (EPS: PKR 2.0), marking a 12.6-fold increas...
Read More »Earnings Forecast: Pakistani Oil and Gas Companies to See Mixed Results
Karachi: Earnings for Pakistan's leading oil and gas exploration and production companies are projected to remain subdued in the first quarter of fiscal year 2026, according to a preview released by JS Global. The report anticipates a decline of 8% ye...
Read More »Systems Limited Reports Robust 3QCY25 Earnings Surge as Margins Reach Record High
Lahore: Systems Limited (SYS) revealed its financial results for the third quarter of the calendar year 2025, showcasing a notable 28% increase in profit after tax compared to the same period last year. The company achieved a profit of PkR2.8 billion,...
Read More »Pakistan’s Central Bank Holds Steady on Interest Rates Amid Improved Economic Outlook
KARACHI: The State Bank of Pakistan (SBP) has decided to maintain its policy rate at 11%, as anticipated by market analysts. This decision follows a meeting of the Monetary Policy Committee (MPC), which highlighted a more optimistic economic outlook t...
Read More »Meezan Bank’s Third Quarter Earnings Decline Amid Lower Investment Yields
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 ...
Read More »KIBOR Rates Update: State Bank of Pakistan Releases New Figures
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...
Read More »Etihad Alloys Receives Stable Rating Amid Expansion and Economic Zone Status
RAHIM YAR KHAN: The Pakistan Credit Rating Agency Limited has maintained the entity ratings of Etihad Alloys Private Limited, affirming the company's financial stability as it progresses with significant industrial projects. Based in Rahim Yar Khan, P...
Read More »
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service