Business News

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D.G. Khan Cement Reports Strong Quarterly Earnings, Surpassing Market Expectations

Karachi, D.G. Khan Cement Company Limited (DGKC) today announced a robust set of financial results for the third quarter of fiscal year 2024, significantly exceeding market expectations. The company reported a profit after tax of PKR 1.2 billion, marki...

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Cement Industry Sees Rebound in Dispatches After Seasonal Slowdown

Islamabad, After two months of subdued activity due to seasonal conditions, the cement industry in Pakistan reported a rebound in dispatches in March 2024. Total dispatches for the month reached 3.94 million tons, marking a 4% increase year-over-year a...

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FPCCI Endorses Pakistan Customs’ New LIVE System to Enhance Trade Accuracy and Control Mis-invoicing

Karachi, In an effort to combat mis-invoicing and promote trade accuracy, Pakistan Customs has introduced the Linking International Value (LIVE) System, which was presented during a session hosted by the Federation of Pakistan Chambers of Commerce and ...

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Azerbaijan and Pakistan Enhance Economic Ties with Upgraded Joint Working Groups and Direct Flights

Karachi, In a recent development to bolster economic relations, the Ambassador of Azerbaijan to Pakistan, Khazar Farhadov, emphasized the need for enhanced private sector involvement in the Azerbaijan-Pakistan Intergovernmental Joint Commission’s Joint...

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Cement Companies’ Earnings Outlook Mixed in Upcoming Quarterly Results

Karachi, The latest financial forecasts for key players in Pakistan's cement industry suggest varied performance in the upcoming quarterly earnings reports. Fauji Cement Company Limited (FCCL), D.G. Khan Cement Company Limited (DGKC), and Cherat Cemen...

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PTCL Group Reports 14% Revenue Growth in Q1 Amid Expanding Digital Services

Islamabad, Pakistan Telecommunication Company Limited (PTCL), the nation's top telecom and ICT service provider, has reported a 14% year-over-year revenue increase for the first quarter of 2024. Despite a net loss, the group has seen robust growth in ...

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Zong Business Partners with China Gezhouba Construction Management Services to Enhance Digital Operations

Karachi, Zong Business, a major telecom operator in Pakistan, has announced a strategic partnership with China Gezhouba Construction Management Services (CGCMS) to bolster digital operations across China. The collaboration aims to provide CGCMS with r...

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