Business News

Lahore: Ferozsons Laboratories Limited (FEROZ) experienced a substantial 28% increase in revenue for the fiscal year 2024, reaching PkR12.7 billion compared to PkR9.9 billion in the previous fiscal year. This growth was driven by a 20% rise in volume ...

The post Ferozsons Laboratories Reports 28% Revenue Increase in FY24, Faces Decline in 1QFY25 Earnings appeared first on Pakistan Business News.

Karachi: BF Biosciences Limited (BFBIO) announced a significant 102% growth in its FY24 revenue, reaching PkR3.7 billion compared to PkR1.8 billion in FY23. This growth was attributed to an 84% increase in volumes and an 18% rise in prices, with Antif...

The post BF Biosciences Limited Reports 102% Growth in Annual Revenue Amidst Strategic Expansions appeared first on Pakistan Business News.

Karachi: Currency exchange rates in Pakistan experienced slight changes between November 26 and November 27, 2024, with minor fluctuations observed in the buying and selling rates of major foreign currencies.

According to Exchange Companies Associa...

The post Currency Exchange Rates Show Slight Fluctuations in Major Currencies appeared first on Pakistan 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.

Karachi: The currency exchange rates in Pakistan experienced slight changes over a two-day period, with minor fluctuations observed across various foreign currencies. The buying and selling rates for the US dollar, Euro, British pound, Japanese yen, U...

The post Currency Exchange Rates See Minor Fluctuations in Pakistan appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings for Nishat Chunian Power Limited at 'A+/A2'.

According to VIS, the medium to long-term rating of 'A+' reflects good credit quality, with adequate protection factors, while...

The post VIS Reaffirms Ratings for Nishat Chunian Power Limited appeared first on Pakistan Business News.

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of DIC Pakistan Limited, reflecting the company's strong market position and financial stability. The ratings, which remain AA- for long-term and A1 for short...

The post DIC Pakistan’s Ratings Maintained by PACRA Amid Financial Growth and Increased Leverage appeared first on Pakistan Business News.