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.

KARACHI: Pakistan and Belarus are seeking to strengthen their bilateral trade relations through the promotion of transactions in local currencies and the establishment of banking channels. The initiative comes in the wake of a visit by Belarusian Pres...

The post Pakistan and Belarus Seek to Enhance Trade Relations Through Local Currency and Banking Channels appeared first on Pakistan Business News.

Karachi: Bolan Mining Enterprise (BME), a collaborative venture between Pakistan Petroleum Limited (PPL) and the Government of Balochistan, demonstrated its significance in the mining industry by hosting a stall at the 12th International Defence Exhib...

The post PPL Management Visits BME Stall at IDEAS 2024, Showcasing Mining Achievements appeared first on Pakistan Business News.

Karachi: The recent visit of Belarusian President Aleksandr Lukashenko to Pakistan is anticipated to pave the way for increased trade, joint ventures, and investments between the two nations. This was articulated by key members of the United Business ...

The post Pakistan and Belarus Seek to Enhance Economic Partnership appeared first on Pakistan Business News.

Karachi: Macter International held a corporate briefing to discuss its financial results for FY24, reporting a 13% increase in revenue to PkR7.5 billion, up from PkR6.7 billion in FY23. This growth was primarily attributed to price adjustments followi...

The post Macter International Reports 13% Revenue Growth for FY24 Amid Strategic Product Launches appeared first on Pakistan Business News.

Karachi: Pak-Qatar Group and ILMA University have entered into a strategic partnership aimed at enhancing the talent pool within Pakistan's Islamic finance industry. The agreement, formalized through a Memorandum of Understanding (MoU), seeks to lever...

The post Pak-Qatar Group and ILMA University Forge Partnership to Bolster Islamic Finance Sector appeared first on Pakistan Business News.

Karachi: Unity Foods Ltd. conducted its FY24 analyst briefing, unveiling key financial results and future strategies. The company reported a 17.6% decline in revenue to PkR83.0 billion, attributed to falling local edible oil prices. Unity Foods also f...

The post Unity Foods Faces Decline in Revenue and Profit Amid Strategic Diversification Efforts appeared first on Pakistan Business News.