Business News

Islamabad: The Pakistan Bureau of Statistics (PBS) has reported a 3.7% year-on-year decrease in Large Scale Manufacturing (LSM) for December 2024, marking the third consecutive year of negative growth in the first half of the fiscal year.

According...

The post Pakistan’s Manufacturing Sector Faces Continued Decline appeared first on Pakistan Business News.

Karachi: The Chairman of the All Pakistan Motorcycle Spare Parts Importers and Dealers Association (AP MASPDA), Sohail Osman, voiced his concerns regarding the federal government's decision to conduct new elections for trade bodies in 2025.

Accordi...

The post Trade Bodies Protest Government Decision to Hold Early Elections appeared first on Pakistan Business News.

Karachi: Wafi Energy Pakistan Limited, formerly known as Shell Pakistan Limited, has announced its financial results for the year ending December 31, 2024. The company reported a profit after tax of PKR 3.3 billion, a decrease from the PKR 5.8 billion...

The post Wafi Energy Pakistan Reports 2024 Profit Amid Name Change and Strategic Growth appeared first on Pakistan Business News.

Lahore: Maple Leaf Cement Factory Ltd. (MLCF) has reported a significant increase in its financial performance for the second quarter of fiscal year 2025, with consolidated profits rising to PkR3.7 billion, marking a 67% year-over-year growth. The com...

The post Maple Leaf Cement Surges with Strong Q2 Earnings Boost appeared first on Pakistan Business News.

Kohat: Kohat Cement Company Ltd. (KOHC) has reported a significant increase in their financial performance for the second quarter of the fiscal year 2025. The company announced earnings of PkR3.4 billion, translating to an earnings per share (EPS) of ...

The post Kohat Cement’s Earnings Surge by 55% in 2QFY25 on Higher Margins appeared first on Pakistan Business News.

Karachi: In a significant boost to Pakistan's economy, the International Finance Corporation (IFC) has announced plans to invest $2 billion annually in the country's infrastructure and key sectors. The announcement comes amid a flurry of economic deve...

The post IFC to Invest $2 Billion Annually in Pakistan Infrastructure appeared first on Pakistan Business News.

HUB, Pakistan: The industrial sector in Hub, a pivotal manufacturing area, has announced an emergency strike scheduled for February 20, 2025, in response to persistent water shortages. The decision follows repeated, yet unresolved complaints to local ...

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