Karachi: The food sector's latest financial performance reveals a mixed bag of growth and challenges, with a notable shift in product mix driving earnings up despite broader market underperformance. Analyzing the profitability for the June 2025 quar...
Read More »Air Link Communication Defies Odds with Robust Earnings Amidst Sales Slump
Karachi: In a surprising turn of events, Air Link Communication (AIRLINK) has reported a remarkable 22% year-on-year increase in consolidated earnings per share (EPS) to Rs4.79 for the fourth quarter of the fiscal year 2025, significantly outperformin...
Read More »Haroon Akhtar Engages with Belarus Investors to Enhance Tractor Assembly in Pakistan
Islamabad: Special Assistant to the Prime Minister on Industries and Production, Haroon Akhtar Khan, held a meeting with investors from Belarus in Islamabad. The meeting focused on reviewing the Belarus tractor assembly line in Pakistan. According to...
Read More »Rupee Continues Slide Against Major Currencies
Islamabad: The Pakistani Rupee (PKR) continued its downward trend against major international currencies on September 23, 2025, according to data released by the Exchange Companies Association of Pakistan. The PKR depreciated notably against the US do...
Read More »GlaxoSmithKline Pakistan Poised For Significant Growth, Analysts Say
Islamabad: GlaxoSmithKline Pakistan Limited (GLAXO) is expected to see its share price rise by 36% to Rs610, according to analysts at JS Global who have initiated coverage on the pharmaceutical company with a "Buy" rating. The projection is based on i...
Read More »Pakistan Tackles Power Sector Debt With $1.25 Trillion Financing Deal
Islamabad: Pakistan is set to sign a landmark financing agreement worth approximately $1.25 trillion to address its crippling power sector circular debt. The signing ceremony is scheduled for tomorrow, September 24, 2025, at the Prime Minister’s Offic...
Read More »KCCI Seeks Income, Sales Tax Deadline Extension
Islamabad: The Karachi Chamber of Commerce and Industry (KCCI) has formally requested the Federal Board of Revenue (FBR) to postpone the deadlines for filing income and sales tax returns. KCCI President Muhammad Jawed Bilwani appealed to FBR Chairman ...
Read More »
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service