Business News

Lahore: Nestle Pakistan has reported a sales total of PKR 149.2 billion for the nine-month period ending September 30, 2024, marking a 1.3% decrease from the same period last year. The company faces several economic pressures, including new taxes and ...

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Karachi: National Foods Limited (NATF) experienced a significant downturn in its FY24 financial results, primarily due to a decline in its core business, despite notable growth and profitability in its retail segment. The company reported consolidated...

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Bahawalpur: Defence Housing Authority (DHA) Bahawalpur has announced a 100% surcharge waiver for members who settle their due payments by October 31, 2024. This incentive is intended to encourage property owners to clear their dues promptly and avoid ...

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Karachi: Bank Alfalah Limited (BAFL) has reported a significant rise in its profits for the first nine months of 2024, with earnings reaching PKR 33.6 billion, marking a 23% year-over-year increase. This growth was propelled by a substantial rise in N...

The post Bank Alfalah Reports Robust Growth in Nine-Month Earnings, Expands Digital and Physical Footprint appeared first on Pakistan Business News.

Karachi: Pakistan Aluminium Beverages Cans Ltd (PABC) is projected to report a 27% year-over-year growth in earnings for the third quarter of CY24, amounting to Rs1.88 billion, with an earnings per share (EPS) of Rs5.22.

According to JS Global, the ...

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Karachi: Faysal Bank Limited (FABL) has reported a notable year-over-year growth in its performance for the first nine months of the year, amidst the broader context of Pakistan's struggling energy sector. The financial institution’s profits soared du...

The post FABL Delivers Strong Year-over-Year Growth in 9M Results, Amid Challenges in Pakistan’s Energy Sector appeared first on Pakistan Business News.

Karachi: A recent economic impact study conducted by Oxford Economics for Emirates Group and Dubai Airports has underscored the increasing importance of the aviation sector to Dubai's economy. The study reveals that aviation, including Emirates Group,...

The post Dubai’s Aviation Sector to Bolster GDP Contribution to 32% by 2030, Fueling Job Growth and Tourism appeared first on Pakistan Business News.