Business News

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...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the stability rating of MCB Pakistan Sovereign Fund (MCB-PSF), a medium-risk profile fund dedicated to investments in government securities. As of June 2025, the fund's assets unde...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the stability rating of the MCB DCF Income Fund, classifying it under a medium risk profile. The Fund, known for its strategy of delivering fixed income returns, reported signific...

Karachi: K-Electric (KEL), Pakistan's sole privatized and publicly listed integrated Distribution Company, is set for a challenging financial period following a tariff revision by the National Electric Power Regulatory Authority (NEPRA). The regulator...

Lahore: MCB Bank Limited has announced a Profit Before Tax of Rs. 87.48 billion for the first nine months of 2025, alongside a third interim dividend of 90%, as reported by the Board of Directors under the leadership of Chairman Mian Mohammad Mansha. ...