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Cement Companies’ Earnings Outlook Mixed in Upcoming Quarterly Results

Karachi, The latest financial forecasts for key players in Pakistan's cement industry suggest varied performance in the upcoming quarterly earnings reports. Fauji Cement Company Limited (FCCL), D.G. Khan Cement Company Limited (DGKC), and Cherat Cemen...

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PTCL Group Reports 14% Revenue Growth in Q1 Amid Expanding Digital Services

Islamabad, Pakistan Telecommunication Company Limited (PTCL), the nation's top telecom and ICT service provider, has reported a 14% year-over-year revenue increase for the first quarter of 2024. Despite a net loss, the group has seen robust growth in ...

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Telenor Microfinance Bank Reports PKR 1.2 Billion Pre-tax Profit in 2023, Secures Digital Retail Bank License

Karachi, Telenor Microfinance Bank (TMB) announced a pre-tax profit of PKR 1.2 billion for the financial year ended December 31, 2023. This profit marks a significant achievement underpinned by a 70% revenue increase to PKR 28 billion and the recent I...

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Fly Jinnah Launches Islamabad-Muscat Route, Expands International Service

Karachi, Fly Jinnah, Pakistan's low-cost carrier, has introduced a new non-stop service connecting Islamabad with Muscat, starting on May 10, 2024. This new route marks the airline's third international route and includes two weekly flights, enhancing...

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Zong Business Partners with China Gezhouba Construction Management Services to Enhance Digital Operations

Karachi, Zong Business, a major telecom operator in Pakistan, has announced a strategic partnership with China Gezhouba Construction Management Services (CGCMS) to bolster digital operations across China. The collaboration aims to provide CGCMS with r...

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Spotify and Coke Studio Pakistan Announce Continued Collaboration for Music Season 15 in Karachi

Karachi, Spotify and Coke Studio Pakistan have announced their continued collaboration for the upcoming Season 15 of Coke Studio, aimed at promoting Pakistani music and artists globally. The partnership, now in its second year, features a new collectio...

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FPCCI Criticizes Recent Increases in Petroleum Prices Despite Favorable Economic Indicators

Karachi, Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has voiced strong opposition to the recent government decision to increase petroleum prices by 5% within a two-week period. This increase com...

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