Business News

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Pakistan Income Fund (PIF), which is categorized under a medium risk profile. The fund is designed to provide returns from debt and fixed income inve...

Karachi: The National Electric Power Regulatory Authority (NEPRA) has announced significant revisions to K-Electric's (KEL) multi-year tariff (MYT) framework for fiscal years 2024 to 2030, introducing critical changes to the company's operational and ...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of Alhamra Islamic Income Fund, underscoring its medium-risk profile and commitment to generating risk-adjusted returns through Shariah-compliant investment...

Karachi: Faysal Bank Ltd (FABL) has reported a modest improvement in its third-quarter profits for the calendar year 2025, driven by an increase in core income. The bank announced a net profit after tax (NPAT) of PkR4.9 billion, equating to an earning...

Karachi: Bank Alfalah reported a 52% year-on-year decline in its earnings per share for the third quarter of 2025, falling short of industry expectations. The bank's consolidated earnings were recorded at Rs6.3 billion, with an EPS of Rs4.0, marking a...

Karachi: Air Link Communication (AIRLINK) held a corporate briefing following the announcement of its first-quarter fiscal year 2026 results, revealing significant growth in earnings and strategic plans aimed at further expansion. The company reported...

Karachi: MCB Bank Limited has reported its financial results for the third quarter of the calendar year 2025, revealing a net profit after tax of PKR 15.2 billion. This figure marks a 16% decrease compared to the same period last year, though it shows...