Business

Karachi: Lucky Electric Power Company Limited (LEPCL) has received an initial rating for its PKR 6 billion debt instrument, the PPSTS-22, as announced by The Pakistan Credit Rating Agency Limited. The company has set up a 660MW coal-fired power plant ...

Karachi: Urea sales in Pakistan for September 2025 are anticipated to rise by 17% compared to the same month last year, reaching 428,000 tons, according to a recent report. This increase is attributed to a low base effect, despite a 48% decline from A...

Karachi: Pakistan's oil marketing companies (OMCs) have maintained a consistent upward trajectory in sales volume for the 13th consecutive month, with an 8% year-on-year and 5% month-on-month increase reported in September 2025. This growth is primari...

Lahore: The Water and Power Development Authority (WAPDA) has successfully consolidated its five sukuk issuances, worth PKR 52.8 billion, into a single instrument while retaining the top credit rating of "AAA" from The Pakistan Credit Rating Agency (P...

Karachi: Citi Pharma (CPHL) announced its financial results for the fourth quarter of fiscal year 2025, revealing steady earnings growth aligned with market expectations. The company recorded a net income of Rs214 million, reflecting a 41% year-on-yea...

Karachi: Pakistan's Oil Marketing Companies (OMCs) recorded a remarkable increase in sales during September 2025, with volumes reaching 1.4 million tons. This marks an 8% rise year-on-year and a 5% increase month-on-month. The year-on-year growth was ...

Karachi: Pakistan's Consumer Price Index (CPI) for September 2025 rose to 5.6%, driven primarily by a significant increase in food prices, according to a recent report by JS Global. The rise in food inflation, up 5.0% year-on-year, was largely due to ...