Business News

Lahore: Sazgar Engineering Works Limited (SAZEW) reported a robust financial performance for the first quarter of fiscal year 2026, surpassing industry expectations. The company announced a profit of Rs4.4 billion, translating to earnings per share (E...

Karachi: Baluchistan Glass Ltd. (BGL) announced an increased loss for the fiscal year 2025, with the company citing prolonged production shutdowns, rising raw material and energy costs, and higher financing expenses as key factors impacting its financ...

Karachi: Atlas Battery Ltd. (ATBA) reported a significant decline in its financial performance for the fiscal year 2025 during an analyst briefing held earlier today. The company disclosed a 15% year-over-year drop in revenue, with figures falling to ...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the ABL Income Fund, acknowledging its medium-risk profile and strategic allocation that aims to deliver competitive risk-adjusted returns. The Fund's app...

Karachi: ATBA recently held a corporate briefing session to discuss its financial performance and strategic outlook. The company reported a significant 93% year-on-year decline in earnings, amounting to Rs91 million, which translates into an earnings ...

Lahore: Tariq Glass Ltd. (TGL) presented its fiscal year 2025 results during an analyst briefing, revealing notable growth in sales and earnings, alongside a strategic outlook for continued improvement. The company highlighted a 13% increase in toplin...

Lahore: Mughal Iron and Steel Industries Limited, a key figure in the steel sector, has received a preliminary rating from the Pakistan Credit Rating Agency (PACRA) for its upcoming funding endeavor. The rating assesses a PKR 1.5 billion debt instrume...