AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
ISLAMABAD: Pakistan Oilfields Ltd (POL) announced a 19% decrease in net profit after tax (NPAT) for the fourth quarter of fiscal year 2025, amounting to PkR7.4 billion, or an earnings per share (EPS) of PkR26.2. This result, while surpassing some expe...
Read More »Engro Powergen Qadirpur Reports 71% Drop in Half-Year Profit Amid Operational Shifts
Karachi: Engro Powergen Qadirpur Ltd (EPQL) reported a significant decrease in its net profit after tax, with a drop of 71% year-on-year to PkR460 million, or an earnings per share of PkR1.42, for the first half of the calendar year 2025. The decline ...
Read More »Economic Relief, Strategic Gain: PCJCCI Hails FBR’s Revised Approach
Lahore: The Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) has expressed strong support for the Federal Board of Revenue's (FBR) decision to retract certain tax measures initially proposed in the Federal Budget 2025-26. This move is se...
Read More »Mari Energies Ltd Surpasses Earnings Expectations Amid Tax Rate Reduction
Karachi: Mari Energies Ltd (MARI) has reported an 18% increase in its quarterly earnings, reaching Rs15.69 per share in the fourth quarter of fiscal year 2025. This rise, driven largely by a significant decrease in the effective tax rate, has defied i...
Read More »Lucky Cement Posts 39% Profit Decline Due to Absence of Dividend Income
Karachi: Lucky Cement Ltd. reported a 39% year-over-year decline in its standalone earnings for the fourth quarter of fiscal year 2025, primarily due to the absence of dividend income from its subsidiary, LEPCL. Earnings for the quarter stood at PKR 5...
Read More »inDrive Partners with Essa Labs to Offer Drivers Significant Discounts on Medical Tests
Islamabad: inDrive, a global mobility and urban services platform, has announced a collaboration with Essa Labs to provide its driver community with discounts of up to 40% on a wide range of diagnostic tests. This initiative is intended to support the...
Read More »Automobile Sales Expected to Grow 21% Year-on-Year Amidst Challenges
Karachi: Automobile sales are projected to experience a significant 21% year-on-year growth in July 2025, despite reaching the lowest monthly volumes since August 2024. This increase is anticipated for the three major players in the market: Indus Moto...
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