Business News

Karachi: D.G. Khan Cement Company Ltd (DGKC) is forecasted to benefit substantially from the ongoing monetary easing cycle, paving the way for improved financial metrics and an enhanced stock valuation by December 2025. Analysts have reiterated a 'Buy...

The post D.G. Khan Cement Positioned to Gain from Monetary Easing Cycle appeared first on Pakistan Business News.

KARACHI: Siemens (Pakistan) Engineering reported a significant loss of PkR2.0 billion for the fiscal year 2024, a stark contrast to the profit of PkR970.8 million recorded in FY23. Despite an increase in revenue, the company faced challenges that cont...

The post Siemens Pakistan Reports Annual Loss Despite Revenue Growth appeared first on Pakistan Business News.

Islamabad: Bank Alfalah has announced a significant collaboration with The Citizens Foundation (TCF) to support communities affected by the 2022 floods in Pakistan. The initiative, part of Bank Alfalah's Flood Relief Program, allocates an additional P...

The post Bank Alfalah Joins Forces with TCF to Rebuild Flood-Hit Areas appeared first on Pakistan Business News.

KARACHI: Pakistan State Oil (PSO) and Attock Petroleum Limited (APL) have projected notable financial outcomes for the second quarter of fiscal year 2025, with PSO anticipating a significant profit increase and APL expecting a marginal decline in prof...

The post PSO and APL Project Positive Financial Outcomes Amid Market Shifts appeared first on Pakistan Business News.

Lahore: The Bank of Punjab has sustained its strong financial standing as the Pakistan Credit Rating Agency Limited (PACRA) affirmed the bank's long-term credit rating at AA with a stable outlook, according to a recent press release. The rating reflec...

The post The Bank of Punjab Maintains Strong Financial Position Amid Market Challenges appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Lahore Sialkot Motorway Infrastructure Management (Pvt.) Limited (LSMIML) at 'A-/A2', reflecting strong credit quality and a stable outlook. This decision underscores the ...

The post VIS Reaffirms Ratings for Lahore Sialkot Motorway Management Firm appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has withdrawn the entity ratings assigned to Cotton Web Limited, effective immediately, following the management's decision to discontinue the ratings. The previous rating action for the company was announced...

The post VIS Withdraws Ratings for Cotton Web Limited appeared first on Pakistan Business News.