Business News

Karachi: Citi Pharma (CPHL) announced its financial results for the fourth quarter of fiscal year 2025, revealing steady earnings growth aligned with market expectations. The company recorded a net income of Rs214 million, reflecting a 41% year-on-yea...

Karachi: Cement dispatches in Pakistan have seen a notable increase, rising by 7% year-on-year to reach 4.3 million tons in September 2025. The growth is largely attributed to a 14% rise in local demand, according to an analysis by AKD Securities Limi...

Karachi: Pakistan's oil marketing companies (OMCs) have maintained a consistent upward trajectory in sales volume for the 13th consecutive month, with an 8% year-on-year and 5% month-on-month increase reported in September 2025. This growth is primari...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the "AAA" credit rating for the Water and Power Development Authority's (WAPDA) Dasu Consolidated Term Finance Certificate (TFC), valued at PKR 35.2 billion. This decision follows ...

Karachi: Lucky Electric Power Company Limited (LEPCL) has received an initial rating for its PKR 6 billion debt instrument, the PPSTS-22, as announced by The Pakistan Credit Rating Agency Limited. The company has set up a 660MW coal-fired power plant ...

Karachi: Urea sales in Pakistan for September 2025 are anticipated to rise by 17% compared to the same month last year, reaching 428,000 tons, according to a recent report. This increase is attributed to a low base effect, despite a 48% decline from A...

Lahore: The Water and Power Development Authority (WAPDA) has successfully consolidated its five sukuk issuances, worth PKR 52.8 billion, into a single instrument while retaining the top credit rating of "AAA" from The Pakistan Credit Rating Agency (P...