Business News

Karachi: Unity Foods Ltd (UNITY) announced a significant financial turnaround for the fiscal year 2025 during its analyst briefing, having reported a net profit after tax of PkR1.6 billion. This marks a reversal from the previous fiscal year's loss of...

Karachi: The Pakistan Stock Exchange saw significant gains as both the KSE30 and KSE100 indices climbed and trading activity increased. The KSE30 rose by 655.86 points, closing at 49,735.93, while the KSE100 surged by 1,496.04 points to end at 163,188...

Karachi: Pakistan National Shipping Corporation (PNSC) disclosed a 19% decline in revenue for the fiscal year 2025 during its corporate briefing, attributing the drop to reduced freight rates and fewer voyages following the disposal of vessels. Despit...

Karachi: In a significant move toward promoting a cashless economy in Pakistan, Jazz has initiated the distribution of free SIM cards to two million beneficiaries of the Benazir Income Support Programme (BISP). Notably, 1.7 million of these SIMs come ...

Karachi: In a significant move toward promoting a cashless economy in Pakistan, Jazz has initiated the distribution of free SIM cards to two million beneficiaries of the Benazir Income Support Programme (BISP). Notably, 1.7 million of these SIMs come ...

Karachi: D.G. Khan Cement Company Ltd. (DGKC) reported a significant increase in profitability for the fiscal year 2025 during its corporate briefing on financial results and future outlook. The company achieved a profit of PKR8.7 billion, equivalent ...

Islamabad: Oil & Gas Development Company Limited (OGDC) conducted its analyst briefing session to discuss recent financial results and future prospects. The company witnessed a contraction in earnings by 19% for the fiscal year 2025 and 7% for the...