Business News

Karachi: Pakistan's listed pharmaceuticals sector reported a significant increase in earnings, rising by 30% year-on-year to reach Rs10.4 billion in the first quarter of fiscal year 2026. The surge in profitability is largely driven by increased net s...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its stability rating for the Alfalah GHP Sovereign Fund (AGSOF), noting the fund's medium risk profile and strategic asset allocation. AGSOF aims to deliver optimal risk-adjuste...

Karachi: The upcoming K-Electric Board of Directors meeting, set for Thursday, is expected to play a pivotal role in determining the future leadership of the energy company. With three candidates shortlisted for the CEO position, all hailing from Kara...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the Alfalah GHP Money Market Fund (AGMMF), maintaining its classification under a low-risk profile. The fund aims to deliver competitive returns by inves...

Karachi: LOADS Ltd. presented its FY25 financial outcomes and future strategies at a corporate briefing, revealing a 34% increase in revenue, reaching PkR6.0 billion, up from PkR4.5 billion in FY24. The surge was attributed to a rise in volumetric sal...

Karachi: Meezan Bank, a prominent name in Pakistan's Islamic banking sector, has been awarded the 'Best Bank of the Year - Large Size Banks' title by the CFA Society Pakistan at its 22nd Annual Excellence Awards in Karachi. This recognition marks the ...

KARACHI: Recent tensions along the Pak-Afghan border have led to a 10% drop in the stock price of Kohat Cement Company Limited (KOHC). However, market analysts suggest that the negative impact on the stock has been overestimated. The management of KOH...