Business News

Karachi: FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for the first quarter of 2025, revealing a 5.3% decline in net sales compared to the same period last year. The company attributed this downturn to the imposition...

Lahore: Maple Leaf Cement Factory Ltd. (MLCF) reported a significant increase in its earnings for the third quarter of fiscal year 2025, driven by higher cement prices and a reduction in taxation. The company announced consolidated earnings of PKR 2.8...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has updated the entity ratings of Alfalah Securities (Private) Limited (ASPL), placing them on Rating Watch. ASPL, a mid-sized brokerage firm in Pakistan and a wholly-owned subsidiary of Bank ...

Karachi: Exchange rates for the U.S. dollar, euro, British pound, Japanese yen, United Arab Emirates dirham, and Saudi riyal experienced minor fluctuations on April 22, 2025, according to the Exchange Companies Association of Pakistan. The U.S. dol...

Karachi: The automotive industry is witnessing a notable shift in earnings, with INDU expecting significant growth while HCAR faces a decline in profitability. INDU's anticipated earnings for the third quarter of the fiscal year 2025 are projected to ...

Karachi: Gold prices in Pakistan saw a significant increase on Tuesday, reflecting a broader trend in the international market. According to the All Pakistan Sarafa Gems and Jewellers Association, the price for one tola of 24 karat gold rose by Rs. 5,...

Beijing: The International Olympic Committee (IOC) and technology company TCL have announced a long-term partnership extending to 2032, aimed at enhancing the experience of the Olympic and Paralympic Games for fans and athletes. TCL will provide digit...