Business News

Karachi: Meezan Bank, in partnership with Mastercard, has wrapped up its "Spend Big, Win Big" campaign, an initiative aimed at promoting the use of Meezan Mastercard Debit Cards for international transactions. This effort underscores the bank's dedica...

Karachi: Pakistan State Oil (PSO) announced a profit after tax of PKR 20.9 billion for the fiscal year 2024-25 during its 49th Annual General Meeting held in Karachi. The company's board, chaired by Mr. Asif Baigmohamed, declared a dividend of PKR 10 ...

Karachi: Meezan Bank Limited (MEBL) has reported a decline in its third quarter earnings for 2025, with earnings per share (EPS) of Rs11.7, marking an 18% year-on-year decrease and a 13% quarter-on-quarter decline. The drop in earnings, which totaled ...

Karachi: Cnergyico PK Limited (CNERGY) held an analyst briefing to announce its financial performance for the fiscal year 2025, highlighting significant revenue growth but also revealing a net loss due to lower gross margins and reduced crack spreads....

KARACHI: Kot Addu Power Company Limited (KAPCO) shared its FY25 financial results and strategic developments during an analyst briefing, highlighting substantial earnings, new business models, and diversification efforts. KAPCO announced earnings of...

Karachi: Gharibwal Cement Ltd (GWLC) reported a 27 percent increase in earnings for the fiscal year 2025, reaching PkR2.2 billion, up from PkR1.7 billion the previous year. This growth was attributed to improved margins and a 2 percent rise in sales v...

Karachi: The Pakistan Credit Rating Agency Limited has reaffirmed the asset manager rating of ABL Asset Management Company Limited, highlighting the company's experienced management team, robust risk management framework, and significant digital advan...