Business News

Karachi: The Searle Company Ltd. (SEARL) announced a 14% year-on-year increase in revenue for the fiscal year 2024, reaching PkR29.4 billion, driven by deregulation of non-essential drugs and a one-time price increase for essential drugs. Despite the ...

The post Searle Reports Revenue Growth Amidst Losses and Expands International Reach appeared first on Pakistan Business News.

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has called on cellular companies to address ongoing network issues that are reportedly causing significant financial losses for businesses. During a meeting with Pakistan Telecommunication Aut...

The post Lahore Chamber Urges Cellular Companies to Resolve Network Issues Affecting Business Operations appeared first on Pakistan Business News.

Karachi: Roshan Packages Ltd reported a slight increase in revenues, reaching PkR10.3 billion for the fiscal year 2024, marking a 0.85% year-over-year growth. However, the company experienced a substantial rise in net profit after tax (NPAT), which su...

The post Roshan Packages Ltd Reports Modest Revenue Growth But Significant NPAT Increase Amid Production Challenges appeared first on Pakistan Business News.

Karachi: Economic relations between Pakistan and Belarus are poised for significant enhancement as President Alexander Lukashenko of Belarus embarks on a visit to Pakistan. This development is expected to initiate a new era in trade, joint ventures, a...

The post Pakistan and Belarus Aim to Boost Economic Ties with High-Level Visit appeared first on Pakistan Business News.

Karachi: The Searle Company Limited (SEARL) conducted a corporate briefing to present its FY24 earnings and discuss future outlook. Key highlights included a 14% year-over-year increase in consolidated topline to Rs29 billion, alongside a gross margin...

The post Searle Company Limited Reports FY24 Earnings, Plans Product Expansion appeared first on Pakistan Business News.

Karachi: Mian Abrar Ahmed, the former President of the Karachi Chamber of Commerce and Industry (KCCI), has been appointed as Vice Chairman of the Businessman Group. The announcement was made during a ceremony held at the Pakistan Eye Bank Society (PE...

The post Mian Abrar Ahmed Elevated to Vice Chairman of Businessman Group appeared first on Pakistan Business News.

Lahore: Nishat Mills Limited (NML) hosted a corporate briefing addressing its financial performance for fiscal year 2024, revealing a 30% year-over-year decline in consolidated net earnings to Rs22.38 per share. The company's standalone earnings were ...

The post Nishat Mills Reports Decline in Earnings Amid Energy Challenges and Competitive Pressures appeared first on Pakistan Business News.