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...
Read More »ABL Asset Management Company Limited Retains High Rating Amid Digital Transformation and Strong Growth
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...
Read More »IPAK Group Reports Sevenfold Profit Increase as Sales and Exports Surge
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...
Read More »Engro Powergen Qadirpur Faces 70% Profit Decline Amid Lower Capacity Payments
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...
Read More »Karachi’s Vision for the Future: KDA Unveils Ambitious 2047 Master Plan
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...
Read More »Cement Sector Earnings Show Mixed Results for 1QFY26
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...
Read More »Pakistan’s Currency Market Sees Stable Exchange Rates
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...
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