Business News

Karachi: Kohat Cement Company Ltd. (KOHC) has reported a 14 percent year-over-year decline in its first quarter fiscal year 2026 earnings, attributing the decrease primarily to a reduction in gross margins. The company announced earnings of PkR2.9 bil...

Karachi: Indus Motor Company Limited (INDU) reported a significant increase in its first-quarter fiscal year 2026 earnings, posting a profit after tax (PAT) of PKR 6.7 billion, compared to PKR 5.1 billion in the same period last year. The company's ea...

Riyadh: In a strategic move to expand its brand beyond aviation, Saudia, the national airline of Saudi Arabia, premiered its new premium lifestyle brand, SV, at Riyadh Fashion Week 2025. The launch event, held at The Roof at Al Mamlaka Social Dining, ...

Karachi: Ghandhara Tyre and Rubber Company Ltd. (GTYR) hosted an analyst briefing to discuss its financial performance for the fiscal year 2025 and the first quarter of fiscal year 2026, revealing a notable decline in revenue and profitability. The co...

Karachi: Bank Makramah Limited (BML) announced a significant financial turnaround, reporting a profit before tax of PKR 1.75 billion for the nine months ending September 30, 2025. This marks a remarkable recovery from a loss of PKR 5.05 billion in the...

Karachi: Pakistan State Oil Ltd. (PSO) announced a substantial increase in its earnings for the first quarter of fiscal year 2026, posting a Profit after Tax (PAT) of PkR9.4 billion, marking a 136% year-on-year rise. The growth is attributed to invent...

Karachi: The Pakistan Stock Exchange (PSX) witnessed a downturn today, with both the KSE30 and KSE100 indices closing in the red. The KSE30 index ended the trading session at 49,418.59 points, reflecting a decline of 423.92 points, or 0.85 percent, fr...