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Karachi: Nishat Mills Ltd. (NML) has released its financial outcomes for the fourth quarter of fiscal year 2025, showcasing a mixed bag of profit growth and unforeseen fiscal burdens. The textile conglomerate reported standalone earnings of PKR1.2 bil...
Read More »Mobilink Bank and TPL Life Join Forces to Deliver Urgent Healthcare in Flood-Hit Regions
Karachi: Pakistan's prominent digital microfinance entity, Mobilink Bank, has teamed up with TPL Life, a digital insurance company, to provide vital healthcare services to communities devastated by floods in Punjab. This partnership has led to the est...
Read More »Power Sector Debt Relief: OGDCL Receives Third Interest Payment from Power Holding Limited
Islamabad: In a significant development towards alleviating the circular debt crisis in Pakistan's energy sector, the Oil and Gas Development Company Limited (OGDCL) has secured the third installment of interest payment from Power Holding (Private) Li...
Read More »Nishat Mills Earnings Disappoint: Lower Sales and Higher Taxes Impact Profits
Lahore: Nishat Mills Limited (NML) reported a less-than-expected financial performance for the fourth quarter of fiscal year 2025, with earnings per share (EPS) at Rs3.34. This marks a 15% increase year-on-year, but falls short of industry predictions...
Read More »Food sector faces profitability challenge: Margins rise but underperformance persists
Karachi: The food sector's latest financial performance reveals a mixed bag of growth and challenges, with a notable shift in product mix driving earnings up despite broader market underperformance. Analyzing the profitability for the June 2025 quar...
Read More »Mian Zahid Hussain Calls for Major Logistics Overhaul, Urges National Logistics Authority to Boost Exports
Karachi: In a bid to address the critical challenges facing Pakistan's export sector, Mian Zahid Hussain, a prominent business leader and former provincial minister, has pinpointed the nation's logistics domain as a significant structural impediment t...
Read More »PSX Hits Record High as Market Capitalization Soars
Karachi: In an unprecedented surge, the Pakistan Stock Exchange (PSX) reached a milestone, hitting a 52-week high with an index level of 50,271.69 and a market capitalization of Rs 19,162.20 billion. This remarkable achievement underscores the robust ...
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