Business News

LAHORE: Panther Tyres Limited is set to launch its first privately placed short-term Sukuk valued at PKR 2 billion, according to a press release by The Pakistan Credit Rating Agency Limited. The instrument is secured by a ranking charge over the compa...

Karachi: The Exchange Companies Association of Pakistan (ECAP) released the open market closing exchange rates for several key currencies, indicating stable trading conditions amidst ongoing economic shifts. The data provided by the State Bank of Paki...

Karachi: Ghani Chemical Industries Limited (GCIL) announced significant growth in its fiscal year 2025 performance, highlighted by a 2.5 times increase in earnings per share (EPS) to Rs3.99. This growth was driven by a 16 percentage point improvement ...

Karachi: The Karachi Interbank Offered Rate (KIBOR) has shown slight variations in its latest update, reflecting a stable economic environment. The data, released by the State Bank of Pakistan and sourced from Refinitiv, indicates minimal changes acro...

Karachi: Habib Bank Limited (HBL) reported significant growth in deposits and earnings during its latest Corporate Briefing Session, detailing a series of strategic financial maneuvers. The bank's total deposits increased by 16% in the first nine mont...

Karachi: Fecto Cement Ltd (FECTC) held a corporate briefing today to discuss its financial performance for FY25 and the first quarter of FY26, as well as its future outlook. The company reported a significant increase in earnings per share (EPS) to Rs...

ISLAMABAD: Pakistan Oilfields Limited (POL) is grappling with significant production challenges due to ongoing gas curtailment issues at the TAL block, as revealed in an analyst briefing session held to discuss the company's financial results and futu...