Business News

Karachi: Interloop Limited (ILP) anticipates a modest improvement in earnings for the second quarter of the fiscal year 2025, with an expected earnings per share (EPS) of Rs0.68. This reflects a quarter-over-quarter improvement, though year-over-year ...

The post Interloop Limited Earnings Outlook Amid Expansion Challenges appeared first on Pakistan Business News.

Karachi: Bank Al-Habib Limited (BAHL) reported its financial results for the fourth quarter of 2024, revealing a profit of PkR6.8 billion, or PkR6.1 per share, reflecting a 13% year-over-year decrease and a 43% quarter-over-quarter increase. Despite t...

The post Bank Al-Habib Announces Robust Cash Payout Amid Mixed Profit Results appeared first on Pakistan Business News.

Lahore: The China-Pakistan Economic Corridor (CPEC) is set to reshape Pakistan's industrial framework, with Special Economic Zones (SEZs) playing a pivotal role in driving industrialization and investment, Zafar Iqbal, Vice President of the Pakistan C...

The post CPEC’s Special Economic Zones to Empower Pakistan’s Chemical Industry appeared first on Pakistan Business News.

KARACHI: H.E Yang Yundong, Consul General of the People's Republic of China, underscored the robust diplomatic and economic ties between China and Pakistan while calling for an increase in bilateral trade. "The friendship between China and Pakistan is...

The post Chinese Envoy Advocates for Boosted Trade Ties with Pakistan appeared first on Pakistan Business News.

KARACHI: The recent changes by the Federal Board of Revenue (FBR) have made it nearly impossible for small businesses to file timely sales tax returns, according to Muhammad Jawed Bilwani, President of the Karachi Chamber of Commerce and Industry (KCC...

The post New Tax Filing Rules Pose Challenges for Small Businesses: Bilwani appeared first on Pakistan Business News.

Karachi: Bank Alfalah Limited reported a significant decline in profits for the fourth quarter of 2024, announcing earnings of PkR4.7 billion, or PkR3.0 per share. This represents a year-over-year decrease of 49% and a quarterly drop of 64%. Despite t...

The post Bank Alfalah Reports Decline in Profits but Boosts Cash Payouts appeared first on Pakistan Business News.

KARACHI: Nestlé Pakistan was honored with the top Climate Champion Award at the inaugural OICCI Climate Excellence Awards, spotlighting its initiatives in climate action, sustainability, renewable energy, and regenerative agriculture. The awards were ...

The post Nestlé Pakistan Triumphs at OICCI Climate Excellence Awards appeared first on Pakistan Business News.